Add as a preferred source on GoogleDriveWealth Agrees to Integrate Ripple’s RLUSD for Settlement in Europe
The brokerage platform plans to expand the service to the United States. The companies are also exploring equity financing through Ripple Prime.
DriveWealth has agreed to integrate Ripple’s RLUSD stablecoin into its brokerage platform for settlement and cross-border payments, with an initial rollout planned in Europe and a later expansion to the United States.
The integration will also include digital-asset custody services. DriveWealth customers will be able to use RLUSD to fund and manage collateral accounts, with the stablecoin convertible to fiat currency nearly in real time.
The companies are separately exploring equity financing opportunities through Ripple Prime.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.