Key Takeaways
- • DriveWealth will use Ripple's RLUSD stablecoin to settle client funds beginning in Europe, letting clients fund collateral accounts with stablecoins rather than slower bank wires.
- • The integration is designed to approach U.S. stock settlement speed (T+1) through near-instant cash conversion, improving capital efficiency for brokers and fintech partners.
- • The partnership also covers Ripple Payments for cross-border funds and collaboration on digital asset custody in Europe.
- • DriveWealth plans to extend stablecoin settlement to the U.S., but no timeline has been provided.
Summary
DriveWealth, a brokerage-as-a-service infrastructure provider, will adopt Ripple's RLUSD stablecoin for settling client funds, beginning in Europe. According to the primary source, clients will be able to fund collateral accounts with stablecoins instead of relying on bank wires, which are slower. The stated aim is to match the speed of U.S. equity trade settlement (T+1) by enabling near-instant cash conversion, a change intended to improve capital efficiency for brokers and fintech partners.
The partnership extends beyond settlement. It includes Ripple Payments for cross-border funds movement and collaboration on digital asset custody in Europe. Coverage from multiple outlets describes the arrangement as bringing Ripple's blockchain solutions into DriveWealth's brokerage infrastructure, and it is framed as Ripple's push into traditional stock markets. Reports indicate that the RLUSD settlement will run on the XRP Ledger in Europe, with U.S. settlement expansion planned, though DriveWealth has not announced a timeline for the U.S. rollout.
The announcement reflects a broader expansion of Ripple's ecosystem into regulated financial services. Market data cited by the publisher, as of October 15, 2026, showed XRP trading at Rp23.433 on Pluang, down 4.65% over the prior day, with a market capitalization of roughly Rp1.48 quadrillion...
The partnership extends beyond settlement. It includes Ripple Payments for cross-border funds movement and collaboration on digital asset custody in Europe. Coverage from multiple outlets describes the arrangement as bringing Ripple's blockchain solutions into DriveWealth's brokerage infrastructure, and it is framed as Ripple's push into traditional stock markets. Reports indicate that the RLUSD settlement will run on the XRP Ledger in Europe, with U.S. settlement expansion planned, though DriveWealth has not announced a timeline for the U.S. rollout.
The announcement reflects a broader expansion of Ripple's ecosystem into regulated financial services. Market data cited by the publisher, as of October 15, 2026, showed XRP trading at Rp23.433 on Pluang, down 4.65% over the prior day, with a market capitalization of roughly Rp1.48 quadrillion...
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