MetaComp Enhances Institutional Access to RLUSD for Cross-Border Settlement

MetaComp Pte Ltd, a Singapore-based digital asset platform regulated by the Monetary Authority of Singapore, has begun distribution of Ripple’s new USD-denominated stablecoin, RLUSD, for institutional use. Issued by Standard Custody & Trust Company, a subsidiary of Ripple Labs, RLUSD is now available to MetaComp’s network across Asia-Pacific and integrated into its programmable cross-border platform, StableX.

The move adds RLUSD to MetaComp’s existing suite of stablecoin-enabled financial infrastructure tools, aimed at facilitating institutional transactions across borders. RLUSD is currently live on both the XRP Ledger and Ethereum blockchains and is backed 1:1 by reserves consisting of cash and cash equivalents. Standard Custody, the issuer, operates under a limited purpose trust charter from the New York Department of Financial Services and is subject to corresponding reserve and redemption requirements.

Through its platform StableX, MetaComp connects RLUSD to over 31 supported currencies. The infrastructure enables institutional clients to conduct cross-border foreign exchange and settlement activities with stablecoin rails. StableX functions as an internal FX and liquidity routing system within MetaComp’s broader Client Asset Management Platform, combining digital asset transactions with fiat interoperability.

MetaComp operates on a P2B2C structure and provides digital asset services such as custody, OTC trading, payment rails, and brokerage to financial institutions, fintechs, and global corporates. The company is a subsidiary of Alpha Ladder Finance, which also holds a Capital Markets Services license and Recognised Market Operator status in Singapore.

The RLUSD rollout is part of MetaComp’s broader efforts to expand its stablecoin infrastructure and align with regulatory frameworks across major jurisdictions, providing tools for financial institutions to access and manage digital USD liquidity.