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Ripple joins Open USD stablecoin consortium backed by Visa and Mastercard, but XRP token gains remain uncertain.

Market News
02 Jul 2026
Crypto news
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Neutral
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On June 30, 2026, Ripple became a day-one integration partner of Open USD (OUSD), a new dollar stablecoin backed by over 140 companies including Visa, Mastercard, and BlackRock. OUSD is not issued by Ripple and will launch on Solana, Stellar, Base, and Polygon, not the XRP Ledger. Ripple keeps its own stablecoin RLUSD but joined OUSD to hedge its position and benefit from whichever stablecoin dominates. While this expands Ripple's corporate footprint, the direct benefit to the XRP token is unclear since OUSD does not initially run on the XRP Ledger, and it competes with RLUSD. XRP could benefit indirectly if the stablecoin market grows fragmented, increasing demand for XRP as a bridge asset, but this depends on future usage and market maker behavior.

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