The Truth About Ripple (XRP) Joining the 140-Company Stablecoin Nobody Is Telling You

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The stablecoin sector continues to attract major financial institutions, and a new development has drawn attention from the XRP community.

Crypto investor Jacob Metzger has highlighted Ripple’s reported involvement in OpenUSD (OUSD), a stablecoin initiative backed by more than 140 companies, describing the move as another step in the company’s broader strategy to expand the XRP Ledger’s role in global finance.

In a post on X, Metzger described the announcement as “massive” news for Ripple and XRP supporters. He pointed to Ripple’s recent acquisitions, including Hidden Road and Gtreasury, and suggested that the company is steadily building an ecosystem that could help standardize future financial infrastructure.

He wrote that Ripple’s growing portfolio is “one-of-a-kind” and characterized the company’s approach as a quiet but significant effort to reshape financial services.

Jacob Metzger Explains Why the Development Matters

In an accompanying video, Metzger provided additional context about the OpenUSD initiative and why he believes Ripple’s participation is important.

According to him, major financial companies such as Mastercard, Visa, BlackRock, Coinbase, and American Express are among the organizations supporting the launch of OpenUSD. He explained that the stablecoin is backed by more than 140 companies through an initiative known as OpenSource and is designed to offer a neutral, low-cost option for global payments without minting or redemption fees.

Metzger also noted that the project’s revenue-sharing structure distributes proceeds among participating partners, describing it as a compelling business model for those involved.

He then shifted his focus to Ripple’s role, stating that the company has joined the initiative as a day-one integration partner. Based on his comments, OpenUSD is expected to operate on the XRP Ledger from the outset, placing Ripple’s blockchain infrastructure within one of the industry’s newest stablecoin ecosystems.

Ripple’s Expanding Stablecoin Strategy

Metzger emphasized that Ripple’s participation in OpenUSD does not replace its own RLUSD stablecoin. Instead, he said the two initiatives can coexist, with Ripple continuing to develop RLUSD while also supporting another major stablecoin project through the XRP Ledger.

He suggested that additional stablecoins operating on XRPL could increase on-chain activity, strengthen the network’s utility, and encourage broader real-world adoption of XRP. In his view, the development also reflects a wider shift among traditional financial institutions toward stablecoin-based payment solutions.

Metzger further stated that Ripple continues to build relationships with major financial institutions, government agencies, and central banks as it pursues its long-term vision for digital payments.

Concluding his remarks, Metzger said the announcement serves as another indication that the XRP Ledger remains relevant within the evolving financial landscape. He maintained that Ripple is not merely adapting to changes in the industry but is helping shape the future of digital payments and the movement of value through blockchain technology.

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