Ripple and DriveWealth partner to integrate stablecoin settlement infrastructure

Ripple has entered into a partnership with global brokerage platform DriveWealth to integrate Ripple’s stablecoin infrastructure on the XRP Ledger (XRPL). The collaboration focuses on RLUSD settlements, cross-border payments, cryptocurrency custody, and prime brokerage services.

The partnership aims to modernize global money movement by allowing clients to fund and manage collateral accounts using stablecoins, which can then convert to cash in near real time. The rollout is planned to begin in Europe, with potential future expansion into the United States.

While some market analysts suggest this institutional involvement could drive significant price appreciation for XRP, technical details indicate that the current arrangement utilizes RLUSD for settlement. This structure allows the stablecoin to serve as the settlement asset on the ledger without requiring counterparties to purchase XRP directly, highlighting a distinction between the adoption of Ripple’s infrastructure and immediate demand for its native token.