Cross River Bank Brings Ripple’s RLUSD Into Traditional Banking
On Thursday, a spokesperson for Cross River Bank told Bitcoin.com News that it is teaming up with Ripple to make it easier for businesses to send money using Ripple’s dollar-backed stablecoin, RLUSD, without having to build or manage their own blockchain technology. The bank is adding the stablecoin RLUSD directly to its existing banking system, […]
Cross River Bank announced a partnership with Ripple to integrate the RLUSD stablecoin directly into its banking infrastructure, allowing businesses to send money using RLUSD without building their own blockchain technology. The move brings a dollar-backed stablecoin into traditional banking rails, potentially increasing real-world utility and adoption for Ripple's ecosystem. Traders may view this as a positive step for XRP and RLUSD, though the immediate price impact is likely moderate given it is an infrastructure integration rather than a regulatory or ETF decision.
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1H AGOYou’re reading thisCross River Bank Brings Ripple’s RLUSD Into Traditional BankingBitcoin.com News · Score 55
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1H AGOCryptoNews · Score 45 · via DriveWealth, RLUSD
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4H AGOCrypto Briefing · Score 65 · via River, Cross River
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15H AGOBitcoin.com News · Score 45 · via cross-border payments, cross-border cross-border
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14 OCT · 13:00The Block · Score 45 · via RLUSD stablecoin, RLUSD
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12 OCT · 21:16Decrypt · Score 35 · via Standard Chartered, Chartered
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12 OCT · 19:30CryptoSlate · Score 28 · via brings Ripple, RLUSD
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12 OCT · 12:09CoinDesk · Score 33 · via RLUSD, custody
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12 OCT · 09:35The Block · Score 39 · via Ripple RLUSD, RLUSD
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12 OCT · 09:30Cointelegraph · Score 30 · via custody, Standard Chartered
