Ripple Seals $2 Trillion Deal With Notabene

Ripple Labs has signed a landmark deal with Notabene, the operator of the world's largest open network for regulated on-chain transactions. The agreement will make compliant transactions easier for financial institutions to adopt at scale.

Notabene serves over 2,300 institutions in 100 jurisdictions and processes an annualized transaction volume of roughly $2 trillion, a figure that resembles the global crypto market cap.

The deal also allows Notabene to use Ripple's RLUSD stablecoin on its B2B stablecoin payments platform, Notabene Flow. The two companies will explore options to complement Ripple Payments.