Ripple and DriveWealth Team Up on Stablecoin Settlement for Brokerages
Ripple and DriveWealth are collaborating to add RLUSD settlement, cross-border payments, digital asset custody, and equity financing to brokerage infrastructure. The work begins in Europe and is expected to expand to the United States. The integration links DriveWealth's brokerage systems with Ripple Payments and the XRP Ledger, aiming to help clients manage dollars, stablecoins, and crypto more efficiently.
Ripple is working with DriveWealth, a brokerage infrastructure company serving over 100 fintech, wallet, and financial institution partners. The initial rollout focuses on Europe, with later expansion into the U.S. planned.
The effort spans RLUSD stablecoin settlement, international transfers, digital asset custody, and possible equity financing via Ripple Prime’s Delta One unit. DriveWealth’s 24/5 trading model and U.S. equities’ T+1 settlement cycle help explain the push to speed funding and collateral movement.
Brokerages, fintech platforms, and cross-border investors could see faster funding and collateral movement if stablecoin settlement works as intended. Customers of DriveWealth-powered apps may gain more continuous access to U.S. markets, though reliance on stablecoins and crypto infrastructure may raise operational and regulatory questions. The impact will likely depend on adoption, oversight, and whether the Europe-first rollout expands smoothly to the United States.