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Ripple’s Latest Banking Deal Has an Elon Musk X Money Connection

Ripple’s Latest Banking Deal Has an Elon Musk X Money Connection

Photo: CaptainAltcoin

Ripple has a new connection to Elon Musk’s X Money, but the link needs to be described carefully. Cross River Bank announced on October 15 that it is partnering with Ripple to integrate RLUSD into its core banking infrastructure, with support for transactions on the XRP Ledger . The bank said the integration will let fintechs access RLUSD payments through a single API connection for real-time settlement and cross-border transactions. What makes this interesting is that Cross River is also the banking infrastructure provider behind X Money.

Source: CaptainAltcoin

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