XRP Ledger Gets a New Use Case as Ripple Teams Up With C2FO

Ripple is teaming up with C2FO to bring faster business payments to the XRP Ledger. On October 27, the two companies announced an initiative to use XRPL and RLUSD to settle payments under C2FO Instant Pay. The service aims to help suppliers receive funds in seconds instead of waiting days for bank transfers to clear. According to the official blog post, the initiative targets a gap in traditional business payments. Even when suppliers receive early payment on approved invoices, bank transfers can delay access to the funds.