DriveWealth Integrates Ripple RLUSD for Stablecoin Settlement
DriveWealth will utilize Ripple's RLUSD on the XRP Ledger for stablecoin settlement, collateral funding, and custody.
DriveWealth is set to integrate Ripple's RLUSD stablecoin for settlement, collateral funding, and custody operations, according to TheBlock. The rollout will begin in Europe.
Implementation Scope
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The integration leverages Ripple's RLUSD on the XRP Ledger to facilitate stablecoin settlement and cross-border payments. Operations will initially focus on the European market before expanding further.
Key facts
- DriveWealth will use Ripple's RLUSD for stablecoin settlement, collateral funding, and custody.
- The deployment starts in Europe.
- The infrastructure utilizes the XRP Ledger.
Source: theblock.co
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