DriveWealth Adopts RLUSD for Settlement and Cross-Border Payments, Starting in Europe
DriveWealth has announced it will integrate Ripple's RLUSD stablecoin on the XRP Ledger for stablecoin settlement, collateral funding, and custody operations, with the initial rollout focused on Europe. The partnership marks a concrete institutional adoption of RLUSD in regulated financial services infrastructure. This adds to a growing list of real-world use cases for RLUSD beyond retail payments.
DriveWealth, a brokerage infrastructure provider, has confirmed it will use Ripple's RLUSD stablecoin for settlement and cross-border payment operations. The integration covers stablecoin settlement, collateral funding, and custody, and will initially launch across European markets before any potential broader expansion.
The arrangement places RLUSD directly within DriveWealth's core financial infrastructure rather than as an optional feature, signaling a meaningful institutional commitment to the asset. Settlement and collateral functions are operationally critical, which distinguishes this adoption from more peripheral or experimental integrations.
The XRP Ledger serves as the underlying network for the RLUSD operations described in the announcement. This continues a pattern of RLUSD being positioned for regulated institutional use cases, complementing earlier deployments in payments and remittance corridors.
Key facts
- •DriveWealth will use RLUSD on the XRP Ledger for stablecoin settlement
- •Use cases include collateral funding and custody
- •Initial rollout is focused on European markets
- •DriveWealth is a regulated brokerage infrastructure provider