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Altcoins & DeFi

C2FO and Ripple Bring Instant-Pay Settlement Plans to XRP Ledger

TL;DR: C2FO and Ripple say their Instant Pay initiative will use the XRP Ledger and RLUSD to settle financing associated with approved supplier invoices. The official source also identifies specific limits or future steps, so implementation and market impact should not be assumed. C2FO and Ripple say their Instant Pay initiative will use the XRP Ledger and RLUSD to settle financing associated with approved supplier invoices. For digital-asset markets, the important issue is less the announcement in isolation than the channel through which it could affect users, capital or network activity. The latest development deserves attention, but its relevance depends on the facts published by the organisation behind it and the work still required to make it matter.

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