Ripple is collaborating with Mastercard, WebBank, and Gemini to explore the use of its RLUSD stablecoin for settling fiat credit card transactions on the XRP Ledger. This initiative, which is pending regulatory approval, aims to facilitate near-real-time settlements and enhance liquidity. RLUSD, a dollar-backed stablecoin regulated by the New York Department of Financial Services and custodied by BNY Mellon, currently boasts a market capitalization exceeding $1 billion.