RLUSD and the New Frontier of Stablecoins in Corporate Finance Ripple is expanding the application of RLUSD through two notable partnerships with BNY and C2FO on the XRP Ledger. BNY is expected to support custody of RLUSD, along with direct issuance and redemption capabilities. Meanwhile, C2FO is bringing invoice payments via RLUSD to the XRPL, enabling suppliers to receive funds within seconds after invoice approval. What’s noteworthy is that stablecoins are no longer solely focused on crypto trading—they are now being tested in established financial processes such as asset custody and commercial payments. However, these are currently announced partnerships and planned implementations, not yet widespread operational services. In your view, which will drive greater stablecoin adoption over the next few years: corporate payments or crypto trading?