Ripple Takes RLUSD Into Corporate Cash Management With 24/7 Returns

Key Takeaways

RLUSD Returns Target Idle Operating Cash

Eligible businesses can earn returns on operating cash outside traditional banking hours through Ripple’s 24/7 Returns offering, unveiled at Swell on Oct. 26. The program covers qualifying digital assets held in a Ripple wallet, including RLUSD, and requires participants to meet eligibility rules. Businesses do not need to manage the underlying digital asset transactions themselves.

RLUSD, Ripple’s U.S. dollar-backed stablecoin, is designed to maintain a value of $1 per token. Stablecoins support blockchain payments and settlement while targeting a stable value. Their reliability depends on reserves and redemption arrangements, which determine how holders exchange tokens for the underlying currency.

“As AI accelerates decision-making and digital rails enable money to move around the clock, businesses need systems that can keep pace,” Renaat Ver Eecke, senior vice president of Ripple Treasury, said, adding:

“Our vision is to bring treasury management, intelligence, and execution together, giving finance teams the ability to act faster and operate continuously without adding complexity or sacrificing control.”

AI Links Forecasting With Payments

Ripple Treasury uses software to coordinate financial tasks with help from its GSmart artificial intelligence tools. Functions include determining available cash, forecasting future balances, matching financial records, managing liquidity, and processing payments. Ripple describes the integration as connecting decisions with execution while reducing manual work.

As of March, 46% of organizations represented in the Association for Financial Professionals’ (AFP) Liquidity Survey reported holding more U.S. cash than a year earlier. Ripple also cited the survey’s finding that 86% of treasury professionals would choose real-time money market funds if they met their organizations’ investment policies.

American Airlines, Trax, Christian Louboutin, Subway, Adecco, and Kingfisher are among the businesses named in Ripple’s treasury announcement. The company describes a strategy combining treasury management, payments, liquidity, stablecoins, and custody to simplify operations across conventional and digital payment systems.

Bank Custody Expands RLUSD’s Institutional Reach

The platform’s origins trace to Ripple’s $1 billion GTreasury acquisition announcement in October 2025, marking its entry into enterprise treasury management. GTreasury provides software for managing corporate cash and financial operations, bringing forecasting and risk management capabilities to Ripple’s digital asset infrastructure.

Institutional infrastructure expanded when Standard Chartered began offering RLUSD custody on Oct. 12 for tokens issued on the XRP Ledger, through its Dubai International Financial Centre branch. The bank also joined Ripple and LMAX Group, an institutional trading infrastructure operator, on an arrangement to make RLUSD eligible collateral for agreed LMAX products while the tokens remain in custody.

Regulatory requirements also shape stablecoin operations, with Ripple outlining differences in reserve rules and supervision in September. The company distinguished money transmitter licenses, state trust charters, and banking oversight, which impose different capital requirements and protections if an issuer fails. State trust charters authorize trust companies to operate under state supervision.