Ripple teams up with $10B payments firm Arf to expand RLUSD use on XRPL

Ripple has partnered with Swiss financial institution Arf to bring RLUSD-powered settlement liquidity to the XRP Ledger, connecting the blockchain to a payments business handling approximately $10 billion in annual transaction volume. Summary Ripple and Arf have partnered to introduce RLUSD-powered settlement liquidity for licensed cross-border payment companies on XRPL. Arf reports approximately $10 billion in annual settlement volume, with working capital turning over four times monthly. The initial service will provide short-term financing, typically repaid within one to five days. Arf plans to adopt XRPL’s native lending infrastructure after XLS-65 and XLS-66 receive validator approval. RLUSD will support settlement financing, while XRP will cover network transaction fees and applicable reserve requirements. According to Arf’s October 22 announcement, the arrangement will provide short-term working capital to licensed cross-border payment companies, with the initial service operating before XRPL’s proposed native lending protocol becomes available. Ripple and Arf bring settlement liquidity to XRP Ledger The partnership focuses on payment companies that need funds available acro...