Ripple has emphasized that institutions need infrastructure supporting multiple stablecoins for cross-border payments as volumes surge. Global stablecoin transactions reached $33 trillion in 2025, surpassing credit card volumes, according to the company. Early adopters of flexible platforms are positioned ahead amid regulatory shifts.
Ripple stated in an insight released on April 24 that stablecoin payments are shifting to multi-asset infrastructure. Institutions handling the bulk of these transactions operate across stablecoins like $RLUSD, $USDC, $USDT, EURC, and local-currency variants to meet varying corridor, counterparty, and regulatory needs. The company noted, “Global stablecoin transaction volume hit $33 trillion in 2025, larger than global credit card volume. The institutions moving most of it aren’t betting on a single asset.” This activity is already live on platforms today, Ripple added, not a future scenario. It highlighted the GENIUS Act, signed in July 2025, as accelerating timelines for infrastructure upgrades, pressuring laggards as volumes consolidate and partnerships solidify. Regulatory frameworks such as Europe's MiCA may mandate using compliant stablecoins alongside fiat, underscoring the need for asset-agnostic designs. AMINA Bank’s Chief Product Officer remarked, “Our clients need payment infrastructure that can handle both fiat and stablecoin rails simultaneously, but traditional correspondent banking networks weren’t designed to support this.” Ripple promoted its payments solution, which integrates multi-asset settlement, custody, liquidity, and conversion across global institutions. The firm concluded, “The market has already moved. The institutions that win won’t be the ones that chose the right stablecoin. They’ll be the ones that chose infrastructure already operating at scale across assets, rails, and markets, without needing to rebuild as the ecosystem evolves.”