Cross River Bank is adding Ripple’s dollar-backed RLUSD stablecoin with XRP Ledger support to its core banking platform. Fintechs can access both dollar and RLUSD payments through a single API without deploying blockchain infrastructure. Services are available in a limited number of undisclosed US states. RLUSD had a market capitalization of approximately $2.4 billion as of October 16. The partnership extends Ripple’s distribution through a bank that provides payments infrastructure to other financial businesses.
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