Cross River Bank Adds Ripple’s RLUSD To Its Payment Infrastructure

Share

American bank Cross River announced on October 15 the integration of Ripple’s RLUSD stablecoin into its Core Operating System, with XRP Ledger support. This integration aims to give fintech customers access to blockchain settlement alongside traditional payment systems like ACH and wire transfers. Transactions on the XRP Ledger are designed to settle in approximately three to five seconds at costs representing a fraction of a cent. For Ripple, this partnership provides RLUSD with another pathway into regulated banking workflows, particularly for cross-border payments, merchant settlement, and treasury transfers.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items