Cross River Bank said it is working with Ripple to integrate RLUSD, Ripple’s U.S. dollar stablecoin, into its proprietary Core Operating System, or COS. The bank also said the setup will support transactions on the XRP Ledger. Cross River Bank describes itself as a platform that provides technology infrastructure for embedded finance solutions. The update was carried by Techub, citing Finextra’s crypto channel. The announcement ties Ripple’s stablecoin product to the bank’s internal operating framework and adds XRP Ledger transaction support as part of the integration.
Cross River Bank said it has partnered with Ripple to integrate RLUSD, Ripple’s U.S. dollar stablecoin, into its proprietary Core Operating System, or COS. The bank said the integration will also support transactions on the XRP Ledger.
Cross River Bank describes itself as a platform that provides technology infrastructure for embedded finance solutions. The update was reported by Techub, citing Finextra’s crypto channel.
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