【Crypto News Flash】Cross River Bank integrates Ripple’s RLUSD stablecoin into its core banking system
🏦 On October 15, U.S. bank Cross River announced a partnership with Ripple to integrate the RLUSD stablecoin into its core operating system (COS) and support transactions on the XRP Ledger.
💱 Fintech clients can convert between U.S. dollars and RLUSD through a single API and use it alongside ACH, wire transfers, and real-time payments, enabling 24/7 settlement for cross-border payments and fund transfers.
👀 The bank said these services are currently available only in select U.S. states.
Source: PYMNTS, crypto.news
⚠️ Risk warning: Crypto assets are highly volatile. This article is for informational purposes only and does not constitute investment advice. Please exercise sound judgment and manage leverage.
🏦 On October 15, U.S. bank Cross River announced a partnership with Ripple to integrate the RLUSD stablecoin into its core operating system (COS) and support transactions on the XRP Ledger.
💱 Fintech clients can convert between U.S. dollars and RLUSD through a single API and use it alongside ACH, wire transfers, and real-time payments, enabling 24/7 settlement for cross-border payments and fund transfers.
👀 The bank said these services are currently available only in select U.S. states.
Source: PYMNTS, crypto.news
⚠️ Risk warning: Crypto assets are highly volatile. This article is for informational purposes only and does not constitute investment advice. Please exercise sound judgment and manage leverage.