Ripple, BNY explore using the XRP Ledger to finance approved invoices
3 outlets · first seen 17h ago · latest 10h ago
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The Blockfirst seen
Ripple, BNY explore using the XRP Ledger to finance approved invoices
BNY adds XRP and RLUSD to its custody platform, as Ripple and C2FO test settling invoice payments on the XRP Ledger.
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Blockonomi
XRP Ledger Gains BNY Support as New Finance Plans Emerge
TLDR BNY adds XRP and RLUSD to its institutional Digital Asset Custody platform. Ripple and BNY plan to explore tokenized trade receivables on the XRP Ledger. C2FO plans to use RLUSD for faster supplier invoice settlement. Institutional clients could gain direct RLUSD creation and redemption services through BNY. Both companies intend to expand support for tokenized financial products and collateral…
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Bitcoin News
Ripple and C2FO Tap XRP Ledger to Turn Payment Delays Into Seconds
Ripple and C2FO are bringing invoice financing and settlement to the XRP Ledger, using Ripple’s dollar-backed stablecoin, RLUSD. The initiative targets bank transfer delays that leave suppliers waiting days for approved early payments. XRP Ledger Targets Settlement Delays Suppliers could gain faster access to cash from approved invoices through an initiative announced Oct. 27 at […]