Ripple taps the XRP Ledger for instant supplier payments.
On October 27 Ripple and C2FO announced C2FO Instant Pay, using the XRP Ledger and RLUSD to settle business payments in seconds, cutting the days‑long wait of traditional bank transfers.
Suppliers receive funds instantly while invoice terms and due dates remain unchanged; capital providers fund the payments and the XRPL handles settlement.
RLUSD, Ripple’s US‑dollar‑backed stablecoin, now has a market capitalization of more than $2.5 billion with over $1 billion issued on the XRP Ledger, expanding its use into supply‑chain finance.
How will faster, deterministic settlement on the XRP Ledger reshape supplier financing?
#XRP #FinTech #SupplyChainFinance #Stablecoin