DriveWealth Turns to Ripple's RLUSD Stablecoin for Client Funding, With Europe First

Ripple's Stablecoin Is Moving Into Stock Trading. What Does XRP Get Out of It?

DriveWealth just chose Ripple's stablecoin to settle stock trades and manage client collateral across borders, but the partnership raises a pointed question about who actually benefits when XRP sits at the center of a deal that nobody needs to buy XRP to use.

DriveWealth Turns to Ripple's RLUSD Stablecoin for Client Funding, With Europe First

The infrastructure firm behind investing products at more than 100 partners will let clients fund collateral accounts with Ripple's stablecoin, with a U.S. rollout planned but not dated.

Ripple’s Stablecoin Is Moving Into Stock Trading. What Does XRP Get Out of It?

The post Ripple’s Stablecoin Is Moving Into Stock Trading. What Does XRP Get Out of It? appeared first on 24/7 Wall St.. DriveWealth, the company behind the trading and settlement systems for many brokerage apps, reportedly plans to use Ripple’s RLUSD (CRYPTO:RLUSD) stablecoin to settle trades and…

Ripple and DriveWealth Plan Funding Tools for 24/5 Trading

The European settlement integration would use Ripple USD (RLUSD) on the XRP Ledger, with U.S. expansion planned. DriveWealth supports investment services for more than 100 global partners.

Ripple and DriveWealth Target Faster Funding for 100+ Global Partners

More than 100 DriveWealth partners, including fintechs and digital wallets, could gain greater flexibility to fund investments outside bank transfer windows. A new Ripple partnership targets capital tied up by cross-border delays as trading extends beyond regular market hours. Ripple Targets the Gap Between Trading Hours and Bank Transfers Financial platforms offering U.S. market access […]