Indonesia-based digital asset exchange FLOQ has expanded its partnership with Ripple by integrating Ripple USD ($RLUSD) into its platform.
The move marks another step in the stablecoin’s global rollout. Specifically, the integration brings $RLUSD to FLOQ’s ecosystem of more than 1.8 million registered users.
The announcement came during FLOQ’s first anniversary event, The Genesis. At the event, the company outlined its next growth phase, which will focus on institutional adoption, real-world blockchain use cases, and trusted digital asset infrastructure.
FLOQ Introduces $RLUSD to Indonesian Users
During the event, FLOQ confirmed that its partnership with Ripple will bring $RLUSD to Indonesia’s digital asset ecosystem. The stablecoin supports blockchain financial applications, including payments, liquidity management, and other digital financial infrastructure.
The company also revealed that it has surpassed 1.8 million registered users. It further noted that it raised $11.3 million in a strategic funding round during its first year. This provides the resources to expand its ecosystem through partnerships with global blockchain companies.
Partnership Builds on Earlier $RLUSD Listing
The announcement follows FLOQ’s earlier decision to list $RLUSD on its licensed Indonesian platform and formally launch its partnership with Ripple.
At the time, FLOQ said stablecoins are becoming essential infrastructure for payments, settlements, and cross-border transfers as the digital asset industry matures. The company added that $RLUSD combines fully backed reserves with blockchain efficiency to deliver an enterprise-grade settlement solution for Indonesian users.
FLOQ Founder and CEO Yudhono Rawis said $RLUSD brings trusted, transparent, and practical utility to Indonesia’s digital asset ecosystem, particularly for settlements and value transfers. He added that FLOQ is proud to work with Ripple to support responsible digital asset adoption in the country.
FLOQ Highlights Ondo Finance Partnership
Alongside its Ripple collaboration, FLOQ also highlighted its partnership with Ondo Finance, which focuses on tokenized real-world assets (RWAs).
The company said tokenized financial products are among the fastest-growing segments of the digital asset industry. They help connect traditional financial markets with blockchain infrastructure while improving accessibility and operational efficiency.
Indonesia Pushes Toward Institutional Adoption
FLOQ said discussions during its anniversary event reflected the industry’s shift from retail crypto adoption to institutional participation and infrastructure development.
According to the company, its long-term strategy centers on responsible innovation, trusted partnerships, and close collaboration with regulators and industry participants.
Summing up FLOQ’s vision, Rawis said the anniversary was not a celebration of past achievements but the beginning of what the company plans to build for Indonesia’s digital asset ecosystem.
Ultimately, the Ripple partnership marks another milestone in $RLUSD’s international expansion as the stablecoin continues entering regulated markets.