Ripple and DriveWealth Plan Funding Tools for 24/5 Trading

DriveWealth and Ripple plan to add stablecoin settlement and cross-border payment options to brokerage infrastructure that supports 24/5 trading, aiming to make funding more flexible when bank processing windows do not match trading hours. The companies announced the partnership Wednesday, Oct. 14. The initial settlement integration is planned for Europe and will use Ripple USD (RLUSD) on the XRP Ledger. U.S. expansion is planned, but the companies have not announced a rollout date. The planned setup would let DriveWealth clients fund brokerage collateral accounts with stablecoins that convert to cash near real time.

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