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Altcoins & DeFi

XRP News: DriveWealth RLUSD Settlement Starting in Europe

Image: Cryptonews

In XRP news today, DriveWealth is reported to be integrating Ripple’s RLUSD stablecoin settlement infrastructure on the XRP Ledger into its brokerage platform, starting with planned European settlement and a later expansion to the United States. The companies announced the partnership yesterday. DriveWealth provides brokerage infrastructure for fintechs, digital wallets and financial institutions offering access to U.S. markets. It powers investing experiences for more than 100 partners globally, giving the collaboration a potential distribution channel beyond a single brokerage operation. That network is not evidence of broad RLUSD adoption. The companies have not confirmed which partners will use the integration, whether any are already live, or whether the service will roll out across all of DriveWealth’s partners.

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