DriveWealth to use Ripple’s RLUSD for stablecoin settlement, cross-border payments
DriveWealth will use Ripple's RLUSD on the XRP Ledger for stablecoin settlement, collateral funding and custody, starting in Europe.
This article may contain affiliate links. Commercial relationships are disclosed in the affiliate policy.
What happened
DriveWealth will use Ripple’s RLUSD on the XRP Ledger for stablecoin settlement, collateral funding and custody, starting in Europe.
Reported details
- Ripple has partnered with DriveWealth to introduce RLUSD settlement and cross-border payments across a brokerage network serving more than 100 global partners, with European settlement integration preceding a planned U.S. expansion. Ripple announced the agreement on Oct. 14, describing a…
Why this matters
Whether DriveWealth reaches the custody and settlement layer depends on what it actually names. If it points at a custodian, a redemption term or a withdrawal rule, that is the layer where exposure lives, and the name and its timing are the parts worth checking. If it names none of those, this angle simply does not apply here, and reading custody risk into it would be an assumption rather than a finding.
Evidence boundary
The scope is limited to what the linked reports state, and where two of them diverge both positions are recorded without either being picked in advance.
What to verify
If DriveWealth names a custodian or a redemption term, check that name and its timing against the operator’s own documentation; if it names neither, there is nothing here to verify on that layer.
Sources and editorial check time
-
The Block RSS: https://www.theblock.co/news/business/2026-10-14-drivewealth-ripple-rlusd-stablecoin-settlement-418479
-
crypto.news Live: https://crypto.news/ripple-partners-with-drivewealth-for-rlusd-settlement/
-
Editorial source check time: 2026-10-14T18:01:43.839Z
This information is educational and is not financial, legal, or tax advice.