Ripple (XRP) Joins OpenUSD, Backed by 140+ Firms

Published: 2026-07-02 12:28:08 |

Ripple (XRP) is reportedly set to become a day-one integration partner for OpenUSD (OUSD), a stablecoin initiative backed by 140+ companies. Crypto investor Jacob Metzger shared the claim on X, calling it “massive” for Ripple and XRP holders. Metzger said OpenUSD is designed as a neutral, low-cost global payments option that avoids minting or redemption fees, using an OpenSource-backed structure and a revenue-sharing model for participating partners. He also noted major financial brands—such as Mastercard, Visa, BlackRock, Coinbase, and American Express—are among the supporters. Crucially, Metzger expects OpenUSD to run on the XRP Ledger from the start, strengthening the XRPL stablecoin ecosystem and potentially increasing on-chain activity. He emphasized this does not replace Ripple’s own RLUSD stablecoin, arguing both can coexist on the XRP Ledger. Overall, the announcement is framed as part of a broader shift by traditional institutions toward stablecoin-based payment infrastructure, while Ripple continues building relationships across financial institutions and government-linked entities.

Bullish

This is bullish for XRP because it links the XRP Ledger directly to a large, multi-company stablecoin initiative (140+ backers). If OpenUSD (OUSD) truly launches on XRPL, it can increase XRP Ledger usage via payments and stablecoin liquidity—typically supportive for network relevance and speculative demand. In the short term, headlines like this often trigger momentum trading: traders may front-run adoption narratives, pushing XRP higher even before mainnet execution details are fully confirmed. In the medium term, market impact will depend on concrete milestones (integration timelines, issuance/settlement activity, and measurable growth in XRPL stablecoin volumes). Long term, stablecoin rails tend to become stickier than pure retail token flows. Similar to past cycles where “infrastructure” announcements drove waves of buying (e.g., exchanges/wallet support or major partnership confirmations), persistent execution can shift sentiment from hype to utilization. However, the report is based on commentary and expectations, so traders should watch for confirmation, technical details, and whether OUSD liquidity actually materializes on XRPL.