Ripple Partners with Mastercard and Gemini to Use RLUSD Stablecoin for Credit Card Settlement
Ripple has announced a partnership with Mastercard, Gemini, and WebBank to test the use of its RLUSD stablecoin to settle credit card payments denominated in US dollars. The program will use the XRP Ledger (XRPL) as the settlement network and will begin once regulatory approval is obtained. Ripple said the collaboration is designed to test…