
Ripple signs partnerships with DriveWealth and Meritz Securities
- —DriveWealth connects over 100 financial firms to US equity markets
- —RLUSD on XRP Ledger aims to cut settlement times and prefunding needs
- —Meritz Securities to study Ripple Custody for tokenized securities
- —Ripple previously partnered with Kyobo Life, Kbank and Jeonbuk Bank
Why it matters: The deals expand RLUSD and Ripple Custody into traditional finance, boosting XRP Ledger demand and competition with bank stablecoins.
Source: BTC-ECHO
More on this
Exchanges · Oct 8Ripple Expands Brevan Howard and Meritz Partnerships as XRP Slips Below $1.40
Exchanges · Oct 15Ripple advances on 3 fronts: Stripe wallets, new Korean partner and RLUSD at DriveWealth
Exchanges · Oct 14DriveWealth to use Ripple's RLUSD for stablecoin settlement and cross-border payments