RLUSD Credit Card Settlements
Ripple has announced a partnership with Mastercard to pilot credit card settlements using RLUSD. This initiative aims to explore the efficiency of blockchain technology in payment systems. By collaborating with Mastercard, Ripple seeks to leverage its extensive experience in the financial sector to enhance transaction capabilities. The pilot program will focus on the integration of RLUSD, Ripple’s stablecoin, into Mastercard’s existing infrastructure. This collaboration highlights a growing trend among financial institutions to incorporate digital currencies into traditional payment frameworks.
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