Two Major Partnerships from Ripple (XRP) on the Same Day: Big Announcements Have Come

Ripple announced two new partnerships targeting global financial institutions. The agreement with DriveWealth, a brokerage infrastructure providing access to US markets, aims to utilize RLUSD in the money flow behind investment transactions. DriveWealth is integrating Ripple's stablecoin infrastructure to use RLUSD on the XRP Ledger for settlement transactions in Europe. The service is planned to expand to the US in a later phase. Cross-border funding via Ripple Payments and digital asset custody services in Europe are also included in the collaboration. DriveWealth's provision of investment infrastructure to over 100 partners worldwide expands the network that the integration can reach.