Ripple signs Cross River deal to bring RLUSD into core banking
Photo: crypto.news
Ripple has signed an agreement with Cross River Bank to connect its RLUSD stablecoin to a single banking platform for dollar transfers, cross-border payments, and round-the-clock settlement on the XRP Ledger. Cross River will integrate RLUSD into its Core Operating System through a single API connection. Fintech customers will access stablecoin transfers alongside ACH, wires, and real-time payment services. The bank says its services are currently available only in limited U.S. states. Recent Ripple agreements cover brokerage settlement, institutional custody and wallet tools for application developers. Cross River announced the partnership on Oct.
Also reported by The Coin Republic.
Source: crypto.news
