XRP News: Ripple Invests in Notabene to Expand RLUSD’s Institutional Utility

Boluwatife Adeyemi
Boluwatife Adeyemi

Boluwatife Adeyemi

Managing Editor (News)
Expertise : Crypto, Stocks, Tokenization, AI, Prediction Markets, Crypto Regulation
Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.
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Highlights

  • Ripple has made a strategic investment in Notabene with the amount undisclosed.
  • The RLUSD stablecoin will be integrated into Notabene Flow.
  • Both firms will also explore pre-transaction authorization for Ripple Payments.

Crypto firm Ripple has made a strategic investment in Notabene, which operates the largest network for regulated on-chain transactions. Notabene will also integrate the RLUSD stablecoin into its infrastructure to boost the stablecoin’s utility.

Ripple Makes Strategic Investment In Notabene

In a press release, Notabene announced that it had received a strategic investment from Ripple, without disclosing the amount. The firm added that alongside the investment, it will collaborate with Ripple to expand enterprise stablecoin payments by integrating the RLUSD stablecoin into Notabene Flow, the firm’s B2B stablecoin payments platform.

Furthermore, both firms will explore how trusted payment authorization can complement Ripple payments. Notabene also highlighted how its institutional network facilitates over $2 trillion in annualized transaction volume.

“The partnership is set to accelerate adoption of compliant stablecoin payments while creating a pathway for RLUSD to be integrated across one of the world’s largest institutional payment networks for digital assets,” the firm said.

This move comes as more institutions continue to adopt stablecoin payments following the GENIUS Act’s passage. Ripple’s RLUSD has also continued to gain greater adoption with key integrations. The stablecoin has also received a boost in interest as BNY Mellon’s plans a 24/7 settlement system for the U.S. Treasury market

Notabene’s Role In Enterprise Adoption

Jack McDonald, SVP of Stablecoin at Ripple, noted that Notabene’s network addresses one of the fundamental barriers to enterprise adoption. “Together we’re helping build the compliant infrastructure institutions need to move value at global scale while expanding the utility of RLUSD,” he added.

Notabene Co-Founder and CEO Pelle Braendgaard said that institutions are stuck on how to use stablecoins within the context of their existing business. He added that they need to know who is on the other side, what the transaction is for, and how to authorize payments without adding friction.

“That is what Notabene and its network of regulated institutions solve. Paired with an enterprise-ready stablecoin like RLUSD and Ripple’s global payments reach, it turns compliant stablecoin payments from a pilot into a real growth engine that reaches more counterparties and moves more volume, faster,” Braendgaard said.

For more on stablecoins, please check out our page on Best Ways to Earn Money with Stablecoin Holdings

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.