Ripple, a company-focused blockchain service closely linked to XRP Ledger (XRP), said Wednesday that it has integrated its stablecoin into the company’s cross-border payment system to increase the adoption of Ripple USD (RLUSD).

Select Ripple Payments Customers including cross-border payment providers BKK Forex and Ised are already using stablecoin to improve their Treasury operations, the company says. Ripple plans to expand the symbol’s availability of his token to payment customers.

In addition, the Crypto Exchange Kraken RLUSD added to his platform according to recent lists of LMAX and BITSTAMP.

Ripple entered the rapidly growing stableecoin market with its short-term US government-bond-backed cryptocurrency after receiving the legislative approval of the New York New York Department of Financial Services in December.

Since then, RLUSD reached a market value of $ 244 million, which grew 87% over the past month and reached a monthly transfer volume of $ 860 million, RWA.xyz data shows.

Jack McDonald, Ripple’s Senior Vice President of StableCecoins, said in a statement that RLUSD’s growth “surpasses our internal projections” with adoption spans several financial sectors. Ripple is also working with NGOs exploring stableecoins for more effective aid distribution, he added.