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Cross River Adds RLUSD to Core Banking Platform for Fintech Customers

Cross River Adds RLUSD to Core Banking Platform for Fintech Customers

Photo: TokenPost

Cross River Bank has integrated RLUSD into its core banking system through a partnership with Ripple, giving fintech customers a single API for stablecoin payments. The platform also supports transactions on the XRP Ledger (XRPL). Customers can transfer funds between U.S. dollars and RLUSD through the API. The service supports cross-border payments and fund settlement around the clock. It is currently available in some states. The integration adds a banking platform to the payment access options discussed in earlier coverage of RLUSD payment reach . John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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