Update
Cross River Bank Integrates Ripple’s RLUSD
Cross River Bank has integrated Ripple’s RLUSD stablecoin into its banking platform, enabling fintech companies to settle dollar-backed digital payments 24/7. The integration connects RLUSD to the bank’s Core Operating System through a single API, supporting transfers between U.S. dollars and RLUSD on the XRP Ledger. The service is initially limited to certain U.S. states and aims to support cross-border payments, treasury transfers, and intraday settlements. RLUSD’s market capitalization reached $2.417 billion on October 15, according to CoinGecko.