XRP News: Ripple Invests in Notabene to Expand RLUSD Use
Key Insights
- Ripple invests in Notabene to support wider RLUSD stablecoin adoption.
- Notabene connects over 2,300 institutions across 100+ jurisdictions.
- Deal strengthens Ripple’s push into regulated institutional stablecoin payments.
XRP news returned to focus after Ripple invested in compliance platform Notabene.
The partnership will integrate Ripple USD into Notabene Flow, its business stablecoin payment platform. It will also explore connections between Notabene’s authorization tools and Ripple Payments.
Notabene said its network connects over 2,300 institutions across more than 100 jurisdictions. The network handles over $2 trillion in annualized transaction volume. Ripple and Notabene did not disclose the investment amount.
Ripple Backs Notabene to Grow RLUSD Stablecoin
XRP news gained fresh attention after Ripple announced a strategic investment in Notabene, a company that helps financial institutions send digital asset payments while meeting compliance rules.
According to Ripple, Notabene’s network serves more than 2,300 institutions across over 100 jurisdictions and supports about $2 trillion in yearly on-chain transaction volume. The investment is expected to help Ripple expand the use of the RLUSD stablecoin among regulated financial firms.
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