More Than $1 Billion in RLUSD Issued on XRP Ledger

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More than $1 billion in Ripple USD (RLUSD) has been issued on the XRP Ledger (XRPL), marking…

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a supply milestone alongside Cross River’s payment integration for fintech customers.

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Announced Oct. 15, the integration makes RLUSD available through Cross River’s Core Operating System (COS).

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Fintechs can access it through one API alongside ACH, wire transfers and real-time payments, without setting up their own blockchain infrastructure.

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The service is currently available in a limited number of states. XRPL transactions can settle in three to five seconds, cost a fraction of a cent and operate 24/7.

Photo: ElenzaPhotograhy / Pixabay