Cross River Bank Integrates Ripple's RLUSD Stablecoin into Banking System

Cross River Bank has announced a strategic partnership with Ripple to integrate Ripple's USD-backed stablecoin, RLUSD, into its proprietary Core Operating System. This integration, revealed on October 15, 2026, allows Cross River to support transactions on the XRP Ledger, positioning RLUSD alongside traditional payment methods like ACH and wire transfers.

The integration enables fintech partners to access RLUSD through a single API, simplifying the process of utilizing stablecoin transactions without the need for a separate crypto infrastructure. This move aims to provide partners with instant payments, real-time settlement, and cross-border services operating 24/7, enhancing flexibility and reducing latency for issuers and acquirers.

Since its launch in December 2024, RLUSD has gained significant traction, boasting a market capitalization exceeding $2.5 billion, with over $1 billion issued on the XRP Ledger. The stablecoin is backed 1:1 by cash, Treasuries, and cash equivalents, operating under regulatory oversight. Transactions on the XRP Ledger settle within 3 to 5 seconds at minimal costs, contributing to its appeal.

Both Cross River and Ripple executives have expressed optimism about expanding stablecoin capabilities, with Ripple's partnership facilitating RLUSD's integration into regulated environments. For Cross River, this partnership adds a faster transaction rail to its offerings for fintech clients, enhancing its service lineup without requiring clients to exit the bank's ecosystem.