Key Takeaways
- • DriveWealth, a Brokerage-as-a-Service platform, has partnered with Ripple to integrate stablecoin settlement, payments, custody, and equity financing into its global investing infrastructure, according to a Business Wire release dated October 14, 2026.
- • Stablecoin settlement will launch in Europe using Ripple's RLUSD on the XRP Ledger, with plans to expand to the U.S.
- • Clients will be able to fund and manage collateral accounts with stablecoins that convert to cash in near real time, instead of waiting on bank wires.
- • Ripple Prime and DriveWealth are exploring equity financing through Ripple Prime's Delta One business across U.S. equities and equity derivatives.
- • DriveWealth, which powers investing for more than 100 partners globally, is moving its treasury and custody infrastructure onto Ripple's rails, aiming to give clients a single real-time view of funds in dollars, stablecoins, or crypto.
Summary
DriveWealth and Ripple have announced a partnership designed to modernize how money moves, settles, and is managed across DriveWealth's global investing infrastructure, according to the company's Business Wire announcement. The companies frame the initiative around a mismatch between securities settlement and cross-border funding: U.S. equities settle on a T+1 basis, while moving dollars across borders can take longer, which can trap capital and raise funding requirements for financial institutions and fintechs.
The collaboration spans four areas. In stablecoin settlement, DriveWealth is integrating Ripple's stablecoin infrastructure to support settlement in Europe, with plans to expand to the U.S., using RLUSD on the XRP Ledger along with Ripple mint and burn capabilities. In payments, DriveWealth is integrating Ripple Payments to support cross-border acceptance of funds from its global partners. In custody, the firm is working with Ripple on digital asset custody in Europe, with expansion to additional markets planned over time. In equity financing, DriveWealth and Ripple Prime are exploring opportunities through Ripple Prime's Delta One business.
DriveWealth CEO Naureen Hassan said the partnership extends the funding and custody experience clients already use to stablecoins and digital assets, so capital can keep working outside traditional market hours. "We've already enabled 24/5 trading; now we need the funding to match," she said. Jack McDonald, SVP of Stablecoins at Ripple, said DriveWealth initially approached Ripple with a cross-border settlement challenge, and the scope expanded to a broader integration of Ripple's product suite across trading, custody and settlement.
DriveWealth powers investing experiences for more than 100 partners, including fintechs, digital wallets and financial institutions seeking access to U.S. markets. The companies will discuss the partnership in a fireside chat at Ripple Swell in New York City on Wednesday, October 28. Ripple describes its footprint as more than 85 licenses. The announcement does not disclose financial terms of the partnership.
The collaboration spans four areas. In stablecoin settlement, DriveWealth is integrating Ripple's stablecoin infrastructure to support settlement in Europe, with plans to expand to the U.S., using RLUSD on the XRP Ledger along with Ripple mint and burn capabilities. In payments, DriveWealth is integrating Ripple Payments to support cross-border acceptance of funds from its global partners. In custody, the firm is working with Ripple on digital asset custody in Europe, with expansion to additional markets planned over time. In equity financing, DriveWealth and Ripple Prime are exploring opportunities through Ripple Prime's Delta One business.
DriveWealth CEO Naureen Hassan said the partnership extends the funding and custody experience clients already use to stablecoins and digital assets, so capital can keep working outside traditional market hours. "We've already enabled 24/5 trading; now we need the funding to match," she said. Jack McDonald, SVP of Stablecoins at Ripple, said DriveWealth initially approached Ripple with a cross-border settlement challenge, and the scope expanded to a broader integration of Ripple's product suite across trading, custody and settlement.
DriveWealth powers investing experiences for more than 100 partners, including fintechs, digital wallets and financial institutions seeking access to U.S. markets. The companies will discuss the partnership in a fireside chat at Ripple Swell in New York City on Wednesday, October 28. Ripple describes its footprint as more than 85 licenses. The announcement does not disclose financial terms of the partnership.
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