Ripple announces RLUSD settlement liquidity via Arf to boost XRP Ledger payments
Photo: CoinTurk News
Ripple has unveiled a new partnership aimed at enhancing settlement liquidity for licensed cross-border payment providers using the XRP Ledger (XRPL). The initiative introduces RLUSD-backed liquidity, designed to facilitate short-term financing for payment companies as they await the completion of international fund transfers. As part of this arrangement, Ripple has partnered with Arf, a Swiss-regulated financial institution, to bring a settlement liquidity model to the XRPL. By leveraging RLUSD, Arf aims to deliver working capital solutions to licensed payment firms, enabling them to manage the funding gap that often arises during cross-border transfers.
Also reported by Crypto Front News.
Source: CoinTurk News
