Cross River Bank partners with Ripple to integrate RLUSD into banking infrastructure

RLUSD: RLUSD is Ripple's U.S. dollar-backed stablecoin purpose-built for institutional applications and issued on the XRP Ledger blockchain. It supports programmable features and near-instant settlement across payment networks. Under the announced partnership, RLUSD is being integrated into Cross River Bank's core banking system to serve as an additional rail alongside traditional options. Ripple: Ripple is a leading provider of blockchain solutions that bridge traditional and digital finance, including infrastructure for payments and asset tokenization. It develops and issues RLUSD, its USD-backed stablecoin built for institutional use on the XRP Ledger. The company is partnering with Cross River Bank in this announcement to embed RLUSD into banking infrastructure for real-time settlement capabilities. Cross River Bank: Cross River Bank is a technology infrastructure platform that powers embedded financial solutions as a trust anchor for global banking and money movement. It delivers innovative payments, cards, lending, and crypto capabilities to fintechs and businesses through its core systems. In this news, Cross River is partnering with Ripple to integrate RLUSD into its proprietary Core Operating System for expanded stablecoin support and XRPL transactions. Stablecoin Expansion: RLUSD is gaining traction through multiple recent institutional partnerships that extend its custody and settlement options across traditional finance platforms. Payments Infrastructure: The integration allows fintechs to access RLUSD payments alongside existing rails like ACH and wires through a single API connection without separate blockchain deployment.