XRP’s Latest Banking Deal Could Put the XRP Ledger in More Payment Flows 🏦
CONFIRMED: On October 15, Cross River Bank announced a partnership with Ripple to integrate RLUSD, Ripple’s dollar-backed stablecoin, into its banking platform, supporting transactions on the XRP Ledger.
The integration lets fintech companies access RLUSD payments through one API connection, with support for cross-border transfers and settlement around the clock.
Why it matters: This brings blockchain-based payments closer to traditional banking infrastructure.
The important distinction: The integration uses the XRP Ledger and RLUSD. It does not automatically mean banks must buy XRP or that demand for the XRP token will increase.
The next thing to watch is actual adoption and payment volume.
Click the $XRP widget below and check the latest developments.
$XRP
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#XRP #Crypto #Write2Earn
Not financial advice. DYOR.
CONFIRMED: On October 15, Cross River Bank announced a partnership with Ripple to integrate RLUSD, Ripple’s dollar-backed stablecoin, into its banking platform, supporting transactions on the XRP Ledger.
The integration lets fintech companies access RLUSD payments through one API connection, with support for cross-border transfers and settlement around the clock.
Why it matters: This brings blockchain-based payments closer to traditional banking infrastructure.
The important distinction: The integration uses the XRP Ledger and RLUSD. It does not automatically mean banks must buy XRP or that demand for the XRP token will increase.
The next thing to watch is actual adoption and payment volume.
Click the $XRP widget below and check the latest developments.
$XRP
.
.
.
.
#XRP #Crypto #Write2Earn
Not financial advice. DYOR.