DriveWealth Moves Settlement Onto Ripple's RLUSD Rails
DriveWealth will use RLUSD on the XRP Ledger for settlement and funding, starting in Europe. No deal value was disclosed.
DriveWealth's move to RLUSD settlement is an infrastructure deal, not a funding round: no value was disclosed. DriveWealth will settle and fund client accounts with Ripple's RLUSD on the XRP Ledger, starting in Europe. The signal is that brokerage funding is shifting toward stablecoin rails, while US timing remains unannounced.
The Ledger Desk · 3 min read- DriveWealth will use Ripple's RLUSD on the XRP Ledger for stablecoin settlement, collateral funding and custody, starting in Europe.
- No financing amount, valuation or deal value was disclosed for this partnership, so it should be read as a product and infrastructure signal.
- A US expansion is planned, but no date has been given.
- The Ripple Prime equity-financing work is described as exploratory, not a launched product.
- Compliance teams should treat stablecoin funding as a new settlement-risk and custody question, not just a faster payment method.
DriveWealth, a brokerage-as-a-service platform, will use Ripple's RLUSD stablecoin on the XRP Ledger for settlement, collateral funding and custody, according to The Block and a release from Ripple dated 14 October 2026. Europe comes first, with the United States to follow. Neither source gives a deal value, so this is a plumbing story, not a funding one.
What the partnership covers
DriveWealth is integrating RLUSD settlement, Ripple Payments for cross-border funding and digital asset custody, with settlement and custody starting in Europe. Clients would fund accounts with stablecoins that convert to cash in near real time, and DriveWealth would move treasury and custody infrastructure onto Ripple's systems. The Block reports that Ripple's stablecoin is also used to fund and manage client collateral accounts.
Why funding, not trading, is the target
The stated problem is funding speed, not execution. The Block quotes DriveWealth chief executive Naureen Hassan as saying the firm has already enabled 24/5 trading and now needs funding to match. The incentive is structural: if trading runs nearly around the clock but money still moves on banking-hour rails, collateral sits idle or must be pre-funded, and stablecoin settlement narrows that gap.
The signal is thin on money
No raise, valuation or financing amount was disclosed for this partnership. The Block mentions a $150 million financing in an earlier 2026 Ripple deal with LMAX Group, but describes it as separate. Readers should not infer economics from the announcement. The equity-financing work through Ripple Prime is described as exploratory, so it should be treated as intent, not a launched product.
The second-order risk compliance teams should price
Moving client collateral onto a stablecoin shifts risk rather than removing it. Redemption mechanics, custody segregation and the issuer's regulatory standing become part of a brokerage's settlement-risk model, and they differ across jurisdictions. Starting in Europe means the first test runs under European rules, and the sources give no US timing. Compliance teams should ask who holds reserves, who bears conversion failure and how custody is segregated.
What to watch next
The Block reports that the partnership will be discussed at Ripple Swell on 28 October, which is the next likely point for detail on scope, timing and the US expansion. Watch for named European regulatory approvals, any disclosed volumes, and whether other brokerage-as-a-service platforms adopt comparable stablecoin funding rails. Until then, the confirmed facts are the integration scope and the Europe-first sequence.
- What is DriveWealth doing with RLUSD?
- DriveWealth is integrating Ripple's stablecoin settlement, cross-border payments and digital asset custody. It will use RLUSD on the XRP Ledger to fund and manage client collateral accounts, starting in Europe, with a US expansion planned.
- Was a funding amount or valuation disclosed?
- No. The Block reports no deal value or financing amount for the partnership. The $150 million figure it mentions belongs to a separate, earlier Ripple financing deal with LMAX Group.
- Is Ripple Prime part of the launch?
- Not yet. The companies are exploring equity financing opportunities through Ripple Prime, which Ripple's release describes as exploratory rather than a finished product.