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Enterprise Focus: Ripple Integrates RLUSD Stablecoin into Core Payments

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RLUSD Bridges TradFi/Crypto via Ripple Payments Integration
  • Ripple integrates RLUSD stablecoin into Ripple Payments for enterprise users
  • RLUSD aims to improve cross-border efficiency; BKK Forex, iSend early adopters
  • XRP price sees downturn, trading below 20-day EMA despite RLUSD integration

Ripple has integrated its recently-released stablecoin, Ripple USD (RLUSD), into its flagship payments solution, Ripple Payments, to enhance the efficiency of cross-border transactions.

RLUSD Designed for Enterprise Utility

Unlike many stablecoins primarily catering to retail users, RLUSD is designed for large-scale financial operations, offering enterprises a fast and compliant method for settling transactions, according to Jack McDonald, Ripple’s head of stablecoins.

The post Enterprise Focus: Ripple Integrates RLUSD Stablecoin into Core Payments appeared first on Coin Edition.

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