The integration of RLUSD into Ripple Payments accelerates cross-border transactions and expands Ripple's market share.
Integration of RLUSD in Ripple Payments
The integration of RLUSD in Ripple Payments allows for a more efficient solution for cross-border payments. The platform, processing billions in volume, now uses RLUSD for clients like BKK Forex and iSend.
RLUSD Expands to Major Exchanges
Ripple partners with exchanges such as LMAX Digital and Bitstamp to expand RLUSD’s availability. RLUSD recently became available on Kraken, one of the eldest exchanges.
Benefits of RLUSD for Enterprises
RLUSD’s focus on enterprise utility improves speed and efficiency of global payments. Ripple’s network enhances the use of RLUSD in cross-border ecosystems. “We are seeing market cap growth,” says Jack McDonald from Ripple.
The integration of RLUSD into Ripple Payments strengthens Ripple's position in the financial market, promoting the use of cryptocurrency for cross-border operations.