Ripple Partners with DriveWealth for RLUSD Settlement and Global Payments
The partnership aims to give brokers and institutions a unified way to trade and manage digital assets across markets.
- DriveWealth, a brokerage, has agreed to integrate Ripple's RLUSD stablecoin for settlement services across Europe, bridging traditional finance with digital asset infrastructure.
- Traditional cross-border settlements often face significant delays, creating capital mismatches and liquidity challenges that financial institutions seek to reduce through blockchain technology.
- Ripple's RLUSD stablecoin enables near-instant settlement, replacing outdated methods that hold funds idle, while providing DriveWealth with real-time collateral and liquidity management tools.
- This initiative enhances DriveWealth's brokerage capabilities by offering clients 24/7 access to global markets and exploring equity financing opportunities using Ripple's infrastructure.
- As financial institutions modernize infrastructure, such integrations signal a broader industry shift toward blockchain-powered payments, positioning DriveWealth to scale digital asset capabilities across markets.
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Ripple partners with DriveWealth for RLUSD settlement and global payments
Ripple has partnered with DriveWealth to introduce RLUSD settlement and cross-border payments across a brokerage network serving more than 100 global partners, with European settlement integration preceding a planned U.S. expansion. Ripple announced the agreement on Oct. 14, describing a…
DriveWealth Taps RLUSD to Fund Accounts Outside Bank Hours
DriveWealth is integrating Ripple’s RLUSD stablecoin into its brokerage infrastructure to let clients fund collateral accounts outside conventional banking hours, targeting a persistent mismatch between extended-hours trading and the slower movement of cash through traditional payment rails.The Brokerage-as-a-Service provider will initially use RLUSD on the XRP Ledger for settlement in Europe, with plans to expand the service to the United State…
Ripple Taps DriveWealth to Bring RLUSD Settlement to 100+ Global Investing Partners
Key Takeaways: Ripple is in a partnership with DriveWealth, to secure the integration of the RLUSD settlement, cross-border payment capabilities, digital asset custody and institutional equity financing. With the initial
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Cryptocurrency News | Cryptocurrency Prices | Market CapDriveWealth and Ripple Join Forces to Enhance XRP Ledger
Ripple partners with DriveWealth to modernize global investing through the XRP Ledger. Here's why this collaboration matters for traders.
DriveWealth will integrate Ripple's RLUSD stablecoin and the XRP Ledger to finance collateral accounts and facilitate settlement, with initial deployment in Europe and possible post-United States expansion.
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