Bitcoin

Cross River Bank Brings Ripple’s RLUSD Into Traditional Banking

On Thursday, a spokesperson for Cross River Bank told Bitcoin.com News that it is teaming up with Ripple to make it easier for businesses to send money using Ripple’s dollar-backed stablecoin, RLUSD, without having to build or manage their own blockchain technology. The bank is adding the stablecoin RLUSD directly to its existing banking system,…

Cross River Bank buildingOn Thursday, a spokesperson for Cross River Bank told Bitcoin.com News that it is teaming up with Ripple to make it easier for businesses to send money using Ripple’s dollar-backed stablecoin, RLUSD, without having to build or manage their own blockchain technology. The bank is adding the stablecoin RLUSD directly to its existing banking system, […]

Source: https://news.bitcoin.com/finance/cross-river-bank-brings-ripple-rlusd-traditional-banking/