Ripple’s BNY and Robinhood ties expand RLUSD – What reaches XRP?
Photo: AMBCrypto
Ripple is on a roll with back-to-back partnerships. To begin with, BNY will further deepen its collaboration with Ripple by enabling corporate invoice financing on the XRP Ledger, adding support for custodial XRP and RLUSD, and with direct minting and burning functionality. Ripple and C2FO have also joined forces to enable instant invoice payments and settlement of supplier invoices in seconds with RLUSD. Moreover, Ripple’s partnership with RobinhoodApp is bringing RLUSD, Ripple Prime, and Ripple Treasury together, connecting stablecoin payments with prime brokerage and treasury operations. Together, this puts Ripple at the center of the TradFi-to-DeFi shift. The key takeaway?
Source: AMBCrypto
