Cross River integrates Ripple's RLUSD stablecoin on the XRP Ledger into its core banking platform

Cross River Bank is partnering with Ripple to embed the RLUSD stablecoin into its proprietary Core Operating System, supporting transactions on the XRP Ledger. The bank said fintechs can access RLUSD payments through a single API connection for real-time settlement and cross-border transactions, establishing RLUSD as an additional payment rail alongside ACH, wires and real-time payments. Ripple said RLUSD has grown to more than $2.5 billion in market capitalization, with over $1 billion issued on the XRPL, which has settled more than $1.3 trillion in value to date. Services are currently only available in limited states.

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