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Ripple and C2FO Tap XRP Ledger to Turn Payment Delays Into Seconds

News.Bitcoin.com
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Ripple and C2FO Tap XRP Ledger to Turn Payment Delays Into Seconds

Ripple and C2FO are bringing invoice financing and settlement to the XRP Ledger, using Ripple’s dollar-backed stablecoin, RLUSD. The initiative targets bank transfer delays that leave suppliers waiting days for approved early payments. XRP Ledger Targets Settlement Delays Suppliers could gain faster access to cash from approved invoices through an initiative announced Oct. 27 at […]

Key Takeaways

  1. Ripple and C2FO are bringing invoice financing and settlement to the XRP Ledger, using Ripple’s dollar-backed stablecoin, RLUSD.
  2. The initiative targets bank transfer delays that leave suppliers waiting days for approved early payments.
  3. XRP Ledger Targets Settlement Delays Suppliers could gain faster access to cash from approved invoices through an initiative announced Oct.
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.