Brokerage service provider DriveWealth has partnered with Ripple to integrate the RLUSD stablecoin into its platform for settlement, cross-border payments, and digital asset custody. The integration utilizes RLUSD on the XRP Ledger, enabling clients to fund and manage collateral accounts with near real-time fiat conversion capabilities.
The partnership will initially launch settlement operations in Europe before expanding to the United States. Additionally, both parties are exploring equity financing opportunities through Ripple Prime as part of the broader collaboration to enhance brokerage infrastructure.
DriveWealth Integrates Ripple’s RLUSD Stablecoin for Brokerage Settlement
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