Cross River Bank Partners With Ripple to Integrate RLUSD Stablecoin

Cross River Bank has partnered with Ripple to incorporate Ripple USD (CRYPTO:RLUSDUSD), a US dollar-backed stablecoin, into its primary banking system. The partnership enables payment processing on the XRP Ledger, giving commercial clients an additional option for transferring funds alongside traditional banking channels. XRP (BITSTAMP:XRPUSD) traded at $1.339 following the announcement, up 0.41% on the day, while Ripple USD held at $1.

The integration allows financial technology firms to access Ripple USD through a single application programming interface without building their own blockchain infrastructure. Businesses can conduct cross-border transfers, manage treasury funds, and execute around-the-clock settlements that complete in three to five seconds with low transaction fees. Ripple USD currently maintains a market capitalization above $2.5 billion, with over $1 billion issued directly on the XRP Ledger.

Market attention has focused on Cross River Bank's existing role as the banking infrastructure provider for X Money, the payment service associated with social media platform X. While the agreement sparked speculation about potential XRP or Ripple USD adoption on X Money, neither company has confirmed any direct integration. Investors will be watching for future announcements to see whether any official connection between X Money and Ripple technology develops.