Ripple and DriveWealth Reach Cooperation to Promote Blockchain Payments and Stablecoin Settlements
2026-10-15 02:08:24
CoinMeta Data: According to U.Today, Ripple has reached a partnership with global brokerage infrastructure provider DriveWealth, which is expected to drive blockchain payments, stablecoin settlements, and digital asset custody into traditional financial markets. The two parties will integrate multiple institutional products from Ripple with DriveWealth's global investment infrastructure, benefiting over 100 partners. This collaboration will significantly increase Ripple's visibility in the traditional finance sector, incorporating dollar-based stablecoins (RLUSD) for institutional settlements. DriveWealth will launch RLUSD settlements first in Europe, followed by expansion to the United States. Ripple's stablecoin minting and burning capabilities will be utilized in this integration, aiming to enable institutional clients to use stablecoins to fund their margin accounts and reduce reliance on traditional bank transfers.
Source:U.Today
This content is for market information only and does not constitute investment advice.
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