Launching RLUSD with regulator-ready compliance

The Problem

Ripple, a global crypto payments leader, was preparing to launch RLUSD, a new stablecoin designed to bridge traditional finance and on-chain liquidity. While its technology and infrastructure were enterprise-grade, the existing compliance framework was not yet equipped to manage the regulatory, operational, and blockchain-specific risks associated with stablecoins. Ripple needed a fit-for-purpose compliance program that could meet the expectations of regulators, financial partners, and internal governance teams, ensuring RLUSD launched safely and credibly in a highly scrutinized environment.

The Solution

Canaria partnered with Ripple to design and implement a tailored compliance upgrade focused specifically on stablecoin-related risks tied to RLUSD. The engagement included:

• A comprehensive enterprise-wide risk assessment
• Updates to compliance policies, procedures, and internal controls
• Development of new transaction monitoring rules and risk scenarios
• Implementation of a smart contract sanctions screening system
• Revised training materials with RLUSD-specific compliance content

Canaria combined deep regulatory expertise with crypto-native technical insight to align compliance standards with Ripple's operational model and RLUSD's launch roadmap, ensuring consistency between policy, technology, and execution.

The Results

Ripple successfully launched RLUSD with a regulator-ready compliance foundation that met both internal and external expectations. The new risk-based controls enabled proactive monitoring, minimized regulatory exposure, and strengthened Ripple's reputation with financial partners and institutional stakeholders.

• Implemented smart contract sanctions screening meeting regulatory standards
• Developed stablecoin-specific transaction monitoring rules to enhance oversight
• Delivered compliance training tailored to RLUSD operations
• Strengthened Ripple's credibility with financial partners through robust documentation