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Ripple Partners with Arf to Bring RLUSD Settlement Liquidity to XRP Ledger for Enhanced Cross-Border Payments
Ripple announced a new partnership with Arf, a global liquidity and settlement company, to bring settlement liquidity backed by Ripple's stablecoin, RLUSD, to the XRP Ledger. This initiative aims to help licensed payment companies access short-term working capital, addressing the challenge in the global payments industry where businesses need to lock up significant funds to maintain cross-border transactions. RLUSD will provide liquidity to payment companies to meet funding needs during international transfer settlements, with repayment cycles ranging from 1 to 5 days.
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