Ripple Invests in Notabene for Wider Stablecoin Adoption
Ripple has made an investment in Notabene, a regulated on-chain transaction network, to expand the use of its dollar-backed stablecoin $RLUSD in institutional payments.
The partnership involves integrating $RLUSD into Notabene's B2B stablecoin payments platform, Notabene Flow. This move aims to address the challenges faced by financial institutions in using stablecoins for payments due to regulatory requirements and risk management concerns.
Notabene operates a network connecting over 2,300 institutions across more than 100 jurisdictions and supports over $2 trillion in annualized transaction volume. The company's infrastructure provides tools for compliance, counterparty verification, and transaction authorization.