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Ripple Issues Major XRP Ledger Upgrade to Boost Cross-Border Payments With RLUSD

Ripple Issues Major XRP Ledger Upgrade to Boost Cross-Border Payments With RLUSD

Photo: U.Today

Ripple is not slowing down on the rapid expansion of its ecosystem as it continues to introduce new developments to boost the utility and adoption of its stablecoin. As part of its continued developments, Ripple has just announced today that it has signed a new partnership with global liquidity and settlement platform, Arf. According to the announcement, the partnership aims to bring settlement liquidity powered by its native stablecoin, RLUSD, to the XRP Ledger. With this development, Ripple is on the move to help licensed payment companies access short-term working capital for cross-border transactions.

Source: U.Today

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