A Publicly Traded Self-Custody Wallet Just Went Native On XRP And RLUSD

Ripple keeps stacking wins.

Earlier this week it was Kyobo Life, one of Korea’s biggest insurers, signing on to use Ripple’s custody infrastructure to settle tokenized Korean government bonds. Today it’s a different kind of partner — this one on the consumer side, and this one trades on the New York Stock Exchange.

If you hold XRP and you’ve been waiting for the major self-custody wallets to take the XRP Ledger seriously, the wait just got a lot shorter.

Here’s the announcement that dropped Thursday morning:

That’s Exodus Movement (NYSE: EXOD), the self-custody wallet that’s been in the space since 2015, rolling out native XRP Ledger tools directly inside the app.

This isn’t a “we added XRP” headline. XRP has been available in Exodus for years. What’s new is that users can now send and manage XRP natively on the XRPL — and Ripple’s regulated dollar-backed stablecoin, RLUSD, is part of the same rollout, with more XRPL-issued assets teed up to follow.

RLUSD has quietly climbed to roughly a $1.5 billion market cap since its late-2024 launch, per CoinGecko. Dropping it into a self-custody wallet that’s used by millions of retail crypto holders is the kind of distribution move that tends to show up in the charts a few weeks later.

Crypto Briefing laid out the specifics of what’s actually shipping:

Exodus Movement, which develops self-custodial financial software that allows users to manage, swap, and store digital assets, has expanded its wallet to include deeper native integration with the XRP Ledger (XRPL), enhancing support for XRP, XRPL’s native asset, according to a press release published on Thursday.

The rollout adds functionality for sending and managing XRP directly within Exodus and introduces upcoming support for Ripple USD (RLUSD) through a partnership with Ripple.

RLUSD is a regulated, enterprise-grade stablecoin designed with an emphasis on transparency and real-world financial utility. Since its debut in late 2024, its market capitalization has climbed to roughly $1.5 billion, per CoinGecko.

Exodus CEO JP Richardson framed it as a usability play — not a marketing stunt.

“Expanding XRPL support means more ways to use XRP without sacrificing self-custody or the simplicity of the Exodus experience,” Richardson said. “XRP is already a top asset in our wallet, and partnering with Ripple is a natural next step in making it easier to use every day.”

That’s the kind of quote you give when your own data is telling you XRP holders are already doing the work — you’re just clearing a path.

CoinDesk had a clean read of the mechanics:

The timing is hard to ignore. XRP ripped about 6% Thursday to a three-week high near $1.42, the strongest gainer among the top 10 coins on the session. The SEC’s CLARITY Act roundtable kicked off the same morning in Washington. JPMorgan went on record earlier in the week saying a final deal on the bill looks close.

Regulatory clarity taking shape, a stablecoin partnership getting deeper distribution, and a publicly traded wallet going native on the XRP Ledger — all in the same news cycle.

For XRP bulls, it’s a pretty good Thursday.

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