Web3 payments platform AEON has announced a partnership with Ripple to integrate XRP and RLUSD into its global payment ecosystem. This initiative will provide cryptocurrency payment opportunities for over 20 million merchants worldwide.
Launch of Crypto Payments in Southeast Asia
The rollout begins in Southeast Asia, where users can make payments using Ripple USD (RLUSD) and XRP via the AEON Pay Telegram Mini App and wallets such as Bitget and Token Pocket. Offline payments will be supported at the initial stage, with AEON planning global expansion into Africa, Latin America, and other emerging markets.
Strengthening Ripple’s Ecosystem
The partnership has triggered strong reactions in the XRP community. A well-known XRP supporter highlighted the strategic importance of this partnership for Ripple’s real-world use cases. This deal provides critical validation for RLUSD, showing its utility in real, high-volume consumer transactions.
Development of RLUSD and Its Differences from Other Stablecoins
While the stablecoin market cap stands at over $262 billion, RLUSD is currently ranked 20th in market capitalization, with a market cap of $428 million and $96 million in daily trading volume. RLUSD is designed to function as a true bridge currency, fulfilling Ripple’s original vision.
The AEON and Ripple partnership marks a significant milestone in the development of crypto payments, providing access to new markets and strengthening user trust. Although RLUSD does not yet occupy top positions, it shows increasing activity and adoption in payment systems, affirming its potential for the future.
