Cross River Bank Adds Ripple’s RLUSD To Its Payment Infrastructure
Summary
Cross River Bank announced on October 15 that it is integrating Ripple’s RLUSD stablecoin, supported on the XRP Ledger, into its Core Operating System. The move will let fintech customers access blockchain settlement alongside conventional payment methods such as ACH and wire transfers through one platform. XRP Ledger transactions can settle in seconds, but compliance checks, currency conversion and conversion back to bank funds may add time. Neither company says stablecoins will replace existing payment networks; adoption will depend on whether fintechs choose to use the new option.
