Original sourceedgeX
Summary
Ripple and Cross River Bank have embedded the RLUSD stablecoin into Cross River's core operating systems, letting fintechs, payment providers and business clients use RLUSD alongside existing banking services through a single API without building their own crypto infrastructure. Features include 24…
Key points
- Explains how stablecoins enter core banking systems and the path for businesses to settle via a single API.
- This is a substantive step for stablecoins moving from crypto venues onto banks' existing payment rails, lowering the technical barrier to enterprise adoption.
- Payment providers and fintechs can evaluate API-based access to stablecoin settlement to cut the cost of building their own crypto infrastructure.
Editorial note
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