Cross River Bank Integrates Ripple’s RLUSD for 24/7 Digital Payments

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Cross River Bank has integrated Ripple’s RLUSD stablecoin to support 24/7 digital payments under evolving digital asset regulation. The move, announced October 15, allows fintechs to settle dollar-backed transactions via the XRP Ledger. The API-based service supports ACH, wires, and real-time payments, with XRP Ledger transfers settling in 3–5 seconds. The bank and Ripple are focusing on cross-border payments and treasury transfers, with CFT compliance embedded in the system. Access is limited to select U.S. states, with no timeline for expansion.

Cross River Bank is integrating Ripple’s RLUSD stablecoin into its banking platform, allowing fintech companies to settle dollar-backed digital payments around the clock. Announced on October 15, the integration connects RLUSD to the bank’s Core Operating System through a single API.

The service supports transfers between U.S. dollars and RLUSD on the XRP Ledger, alongside existing payment options such as ACH transfers, wire transfers and real-time payments.

Cross River Adds Stablecoin Settlement Options

Cross River and Ripple are targeting cross-border payments, treasury transfers and intraday settlements. Transactions on the XRP Ledger typically settle within three to five seconds and cost less than one cent.

Related: Ripple Prime Expands 24/7 RWA Perpetual Trading Across 100+ Markets

However, access to the new service remains limited to certain U.S. states. The companies have not announced a timeline for broader availability.

Cross River fintech banking chief Adam Goller said the integration builds on the bank’s existing stablecoin infrastructure. RippleX executive Markus Infanger also highlighted the benefits of connecting RLUSD with established banking systems.

Ripple Expands RLUSD Partnerships

RLUSD’s market capitalization reached $2.417 billion on October 15, according to CoinGecko, as Ripple expanded its stablecoin partnerships.

On October 14, brokerage technology firm DriveWealth announced plans to integrate RLUSD into its infrastructure. The initial focus is on settlements in Europe, with plans to expand into the United States.

Related: USDC Becomes EU’s First ‘Significant’ Stablecoin — What Changes for Circle and Users?

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