DriveWealth has partnered with Ripple to add stablecoin settlement, cross-border payments and digital asset custody services to its brokerage platform. According to NS3.AI, the integration will use Ripple's RLUSD stablecoin on the XRP Ledger to fund and manage collateral accounts around the clock.

The companies will begin settlement in Europe and plan to expand to the United States. The stablecoins will convert to cash in near real time, and the firms are also exploring equity financing opportunities through Ripple Prime.