Visa released a surprising statement regarding XRP.

crypthub

about 2 hours ago

Visa’s XRP Statement Sparks Attention

Levi Rietveld highlighted Visa’s recent “crazy” XRP announcement, noting a surge in RLUSD activity. The stablecoin has reportedly surpassed $1 billion in monthly transaction volume on Visa’s platform. Rietveld framed this as evidence of growing institutional interest in digital‑asset payments.

Institutional Adoption Signals

Visa operates its own blockchain payment layer that processes stablecoin transfers across multiple networks. Rietveld estimates the stablecoin market now moves a multi‑trillion‑dollar amount each month, outpacing traditional card throughput in raw volume. He linked the rise to the XRP Ledger’s expanding role and cited regulatory cues such as the Clarity Act to boost participation.

Mixed Reactions and Industry Context

Some commentators view Visa’s move as validation of XRP’s speed and low‑cost benefits, while others see it as routine research pending clear strategic gain. The discussion reflects a broader trend of financial firms piloting stablecoin settlement systems. The article includes a disclaimer that the content is informational, not financial advice.