DriveWealth and Ripple announced a collaboration on October 14 to add stablecoin settlement and digital-asset capabilities to DriveWealth’s brokerage business. European RLUSD settlement integration and US expansion are planned, while DriveWealth is integrating Ripple Payments for cross-border partner flows and exploring Ripple custody solutions for Europe. The companies are also considering equity financing through Ripple Prime.
DriveWealth says it powers investing experiences for more than 100 partners, but the announcement does not say every partner will use the new integrations. It gives no system-wide transaction volumes or revenue figures, and does not commit to immediate RLUSD access for every DriveWealth client.