New Jersey-based Cross River Bank has partnered with Ripple to integrate RLUSD into its banking platform, enabling businesses to perform cross-border payments, manage treasury operations, and access traditional services like ACH and wire transfers 24/7 through a single API connection. Transactions on the XRP Ledger settle in three to five seconds at a fraction of a cent. Standard Chartered also launched custody support for RLUSD this week from its DIFC branch in Dubai, and is working with Ripple and LMAX Group to make the stablecoin eligible collateral. Japan’s Financial Services Agency (JFSA) approved the token for use in the country through SBI VC Trade.
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