Crypto
Ripple to settle funding for U.S. stock trades with RLUSD in DriveWealth partnership
Ripple is partnering with DriveWealth to integrate blockchain-based payments and stablecoin settlement into traditional financial infrastructure. The companies plan to connect Ripple’s institutional payments infrastructure to DriveWealth’s global investment network. The partnership centres on RLUSD, a U.S. dollar-pegged stablecoin, with institutional settlement to start in Europe before expanding to the United States. The companies also aim to support collateral account funding and explore stock financing opportunities.