Stablecoins have finally reached the back end of banking
Folks, on October 15, Cross River Bank announced
that it had plugged Ripple’s RLUSD stablecoin directly into its core banking system.
What does that mean? Cross River is no small player.
It’s the “invisible bank” behind American fintech.
The back ends of plenty of payment apps run on its infrastructure, including X Money.
Now its customers can transfer directly between dollars and RLUSD through an API,
alongside ACH, wire transfers, and real-time payments.
RLUSD settles on the XRP Ledger in 3 to 5 seconds, around the clock.
Each transaction costs less than 1 cent.
Its market cap is over $2.5 billion, and its reserves exceed its circulating supply.
In the same week, it also signed deals with Standard Chartered, DriveWealth, and Privy.
But one thing needs to be made clear:
Cross River is X Money’s banking services provider—that’s a fact.
But there’s no official confirmation that “X Money will use RLUSD.”
Don’t mistake speculation for a done deal.
Of course, integration doesn’t mean mass adoption, and it certainly doesn’t mean regulatory risks have disappeared.
Its services still cover only some U.S. states.
But the significance of this move is clear: stablecoins are shifting from exchange tools to banking infrastructure.
My view is clear:
This is a key step toward stablecoin legitimization.
It puts real competitive pressure on USDT and USDC.
RLUSD has the backing of a bank charter, giving it a more “compliant” narrative.
As for XRP, look at the real adoption data—don’t just buy the story.
Stablecoins are no longer just “money” in the crypto world.
They’re becoming the “plumbing” of the banking system. 😂
$XRP
#CrossRiver银行核心平台接入RLUSD稳定币 #稳定币 #Ripple
Folks, on October 15, Cross River Bank announced
that it had plugged Ripple’s RLUSD stablecoin directly into its core banking system.
What does that mean? Cross River is no small player.
It’s the “invisible bank” behind American fintech.
The back ends of plenty of payment apps run on its infrastructure, including X Money.
Now its customers can transfer directly between dollars and RLUSD through an API,
alongside ACH, wire transfers, and real-time payments.
RLUSD settles on the XRP Ledger in 3 to 5 seconds, around the clock.
Each transaction costs less than 1 cent.
Its market cap is over $2.5 billion, and its reserves exceed its circulating supply.
In the same week, it also signed deals with Standard Chartered, DriveWealth, and Privy.
But one thing needs to be made clear:
Cross River is X Money’s banking services provider—that’s a fact.
But there’s no official confirmation that “X Money will use RLUSD.”
Don’t mistake speculation for a done deal.
Of course, integration doesn’t mean mass adoption, and it certainly doesn’t mean regulatory risks have disappeared.
Its services still cover only some U.S. states.
But the significance of this move is clear: stablecoins are shifting from exchange tools to banking infrastructure.
My view is clear:
This is a key step toward stablecoin legitimization.
It puts real competitive pressure on USDT and USDC.
RLUSD has the backing of a bank charter, giving it a more “compliant” narrative.
As for XRP, look at the real adoption data—don’t just buy the story.
Stablecoins are no longer just “money” in the crypto world.
They’re becoming the “plumbing” of the banking system. 😂
$XRP
#CrossRiver银行核心平台接入RLUSD稳定币 #稳定币 #Ripple