Ripple Strategy Holding and Nasdaq-Listed Trident Partner on RLUSD Payment System

According to the official announcement, the companies aim to use Ripple USD and blockchain infrastructure for lower-cost, real-time foreign exchange settlement across more than 90 markets.

RLUSD

Summary

Ripple Strategy Holding announced an official strategic agreement with Nasdaq-listed Trident Digital Tech Holdings to develop a digital payment system based on Ripple USD (RLUSD) and blockchain payment infrastructure. According to the company announcement, the platform is designed to enable low-cost, real-time foreign exchange settlement using stable liquidity pools and Ripple’s network across more than 90 markets.

Terms & Concepts
  • Ripple USD (RLUSD): A stablecoin designed for digital payments and settlement within Ripple-related payment infrastructure.
  • Stable liquidity pools: Pools of funds used to support smoother settlement and trading, helping reduce costs and improve execution speed.
  • Blockchain payment infrastructure: A payment system built on blockchain technology that enables digital transaction processing and settlement across connected markets.