Ripple Teams With Mastercard, Gemini to Use RLUSD to Settle Credit Card Transactions
Ripple and partners aim to kickstart RLUSD onboarding and integration planning in the coming months pending regulatory approval.
Ripple is teaming with Mastercard, WebBank, and Gemini to explore the use of its regulated stablecoin in credit card settlements.
The initiative is currently pending regulatory approval, but aims to get started in the coming months.
RLUSD is a dollar-backed stablecoin and regulated by the New York Department of Financial Services.
this ripple-mastercard collab with gemini is huge for stablecoins rlUSD settling credit cards on blockchain? next level integration 🚀 could speed up payments big time