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Ripple expands RLUSD stablecoin utility with new integration
Ripple has taken a significant step in expanding the utility of its RLUSD stablecoin by partnering with OpenPayd, a provider of financial infrastructure. This collaboration aims to increase access to effective cross-border payments.
OpenPayd, a London-based banking-as-a-service platform, offers financial services to businesses via a single API. Ripple and OpenPayd are now working together to provide compliant and scalable payment solutions for enterprise clients.
According to the latest updates, Ripple Payments is now supported by OpenPayd’s real-time EUR and GBP rails. As a result, companies can seamlessly transition between fiat and RLUSD.
Source: u.today
