Cross River Bank has added Ripple USD (RLUSD), a U.S. dollar-backed stablecoin, to its payment system for fintech clients in a limited number of U.S. states, giving them a blockchain-based route alongside established bank transfer services.
The integration connects the XRP Ledger (XRPL) to Cross River's Core Operating System. The bank says one API lets clients exchange dollars and RLUSD, handle cross-border payments and treasury movements at any hour, and use ACH, wire and real-time payment services. Fintech clients can use the offering without building their own blockchain infrastructure, Cross River said.
The bank describes fintech firms and payment networks, including issuers and acquirers, as potential users. It has not named initial customers or disclosed transaction volumes for the RLUSD service. Cross River also has not identified the states where the service is available or set a timetable for widening access.
Cross River says XRPL transactions settle in three to five seconds and cost a fraction of 1 cent. It also says the ledger has settled more than $1.3 trillion in value to date. Those are network-level figures; the bank has not provided a fee schedule or performance measurements for its specific RLUSD service.
The addition follows Cross River's November 2025 rollout of stablecoin payment infrastructure. The bank said that platform could connect traditional-currency and stablecoin activity without companies funding accounts in advance or creating new ledgers. The Oct. 15 announcement applies that infrastructure to RLUSD on XRPL.
Adam Goller, head of fintech banking at Cross River, said businesses should not need “several different providers” to move money globally. Markus Infanger, senior vice president of RippleX at Ripple, said stablecoins need to operate within existing financial infrastructure. “Stablecoins won't transform payments through parallel financial systems,” Infanger said.
