Ripple Teams With Arf to Bring RLUSD Lending to XRP Ledger

Ripple and Arf are bringing RLUSD, Ripple’s dollar-pegged stablecoin, to settlement financing on the XRP Ledger. The partnership targets licensed payment companies awaiting cross-border settlements, with plans to adopt lending infrastructure built directly into the network. Licensed payment companies will gain access to RLUSD financing on the XRP Ledger (XRPL) through a partnership Arf announced on Oct. 22. The Zug, Switzerland-based settlement liquidity provider reports approximately $10 billion in annual global settlement volume. Its settlement financing partnership with Ripple will initially provide working capital directly on the network.