Ripple Pushes RLUSD Deeper Into Banking With New Cross River Partnership

Ripple has partnered with New Jersey-based Cross River Bank to integrate RLUSD into its banking platform and Core Operating System. This collaboration enables transactions on the XRP Ledger, allowing customers to utilize the stablecoin alongside traditional payment methods. RLUSD now functions as an additional settlement rail within Cross River's banking API for fintechs. However, access to this service is currently limited to certain U.S. states, expanding the utility of RLUSD within the broader banking infrastructure.