🔥Major institutional partnership | Ripple × DriveWealth: RLUSD settlement capabilities on the XRPL are rolling out at scale!
Ripple has partnered with DriveWealth, a global provider of BaaS brokerage infrastructure, to expand RLUSD stablecoin settlement services on the XRPL network.
Centered on RLUSD and XRP, the partnership covers cross-border payments, digital asset custody, and prime brokerage services. It will launch first in Europe, with plans to expand to the U.S. later, addressing the slow settlement times of traditional wire transfers for cross-border brokerages.
RLUSD continues to make inroads into the traditional securities sector, marking another milestone in its institutional adoption narrative. $XRP
Ripple has partnered with DriveWealth, a global provider of BaaS brokerage infrastructure, to expand RLUSD stablecoin settlement services on the XRPL network.
Centered on RLUSD and XRP, the partnership covers cross-border payments, digital asset custody, and prime brokerage services. It will launch first in Europe, with plans to expand to the U.S. later, addressing the slow settlement times of traditional wire transfers for cross-border brokerages.
RLUSD continues to make inroads into the traditional securities sector, marking another milestone in its institutional adoption narrative. $XRP