Cross River Bank Adds Ripple’s RLUSD To Its Payment Infrastructure
TL;DR: Cross River Bank announced an integration of Ripple’s RLUSD stablecoin into its Core Operating System on October 15. The bank aims to give fintech customers access to blockchain settlement alongside conventional payment rails. A US bank is adding a stablecoin to the machinery it uses to move money for fintech…
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Operating system
The core software that runs a computer or phone and lets apps use its hardware, such as Android, iOS or Windows.
Control of major operating systems gives companies power over app stores and what users can install.
More about Operating systemBlockchain
A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.
It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.
More about BlockchainMore in Finance
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