Ripple and DriveWealth Bring RLUSD Stablecoin Settlement to Global Brokerage
- —Deal announced October 14, with European RLUSD settlement and US expansion planned
- —DriveWealth powers over 100 partners, but not all will get immediate RLUSD access
- —Equity financing via Ripple Prime is under discussion alongside settlement work
- —No transaction volumes or revenue figures were disclosed
Why it matters: Stablecoin settlement in brokerage could speed up capital movement, but the impact hinges on production rollout and real volumes.
Source: NewsBTC