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 has agreed to integrate Ripple's RLUSD stablecoin for settlement services across Europe, bridging traditional finance with digital asset infrastructure for more efficient cross-border money movement.
- Traditional cross-border settlements often face significant delays, creating capital mismatches and liquidity challenges that financial institutions seek to reduce through blockchain technology adoption.
- Ripple's RLUSD stablecoin enables near-instant settlement, replacing outdated methods that hold funds idle. DriveWealth gains tools to manage collateral and liquidity in real-time, improving capital efficiency.
- Beyond settlement, the companies are exploring equity financing opportunities using Ripple's infrastructure. This expands DriveWealth's institutional-grade service offerings across global markets.
- As financial institutions modernize infrastructure, such integrations signal a broader industry shift toward blockchain-powered payments. DriveWealth plans to scale digital asset capabilities targeting more efficient international operations.
13 Articles
13 Articles
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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