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Bank of America to partners with Ripple to use RLUSD stablecoin for internal transactions, marking a potential step for blockchain and TradFi
Author: Chirag Sharma
July 27, 2025 Bank of America (BoA) has reportedly formed a strategic partnership with Ripple to incorporate its RLUSD stablecoin for internal financial transactions. The news has stirred excitement across the crypto and financial sectors, highlighting a growing acceptance of blockchain-based solutions by traditional institutions.
This move is seen as BoA’s latest effort to modernize its internal infrastructure and optimize payment rails. The integration of RLUSD could help BoA reduce the costs and delays associated with traditional cross-border payment systems—paving the way for more streamlined operations. While an official statement on the scope of integration remains pending, the collaboration signals a pivotal shift in how major banks are approaching digital assets.
Ripple’s RLUSD, introduced in early 2025, is a U.S. dollar-backed stablecoin built for speed, transparency, and multi-chain support. Unlike volatile crypto assets, RLUSD maintains a 1:1 peg with the dollar via fully backed reserves, ensuring regulatory alignment.
Bank of America and Ripple have collaborated before. Their relationship dates back to 2019 when BoA joined RippleNet and its Governance Committee. Since then, the bank has tested Ripple’s blockchain for international transfers. RLUSD adds another layer to this partnership, giving BoA a stable and compliant asset for faster settlements.
The decision also coincides with the passage of the GENIUS Act, a regulatory framework that sets transparency and reserve standards for stablecoins in the U.S., making RLUSD a natural fit for institutions.
BoA’s adoption of RLUSD could save millions annually by slashing intermediary fees and accelerating transaction times. Experts believe the move also signals institutional readiness for digital dollars—especially as RLUSD now exceeds $500 million in circulation.
CEO Brian Moynihan’s cautious but forward-looking stance on digital assets finds the right match in Ripple’s regulatory-conscious stablecoin. The partnership could inspire other global banks to follow suit, setting the stage for stablecoins to reshape core banking operations.
As the line between traditional finance and blockchain blurs, Ripple’s RLUSD might become a cornerstone of modern banking infrastructure.
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