Ripple Partners Mastercard for Stablecoin-Enabled Credit Card Settlements on XRPL

Ripple announced a significant step towards integrating stablecoins into traditional financial systems, partnering with Mastercard, WebBank, and Gemini to facilitate settlements for fiat credit card payments using RLUSD, their regulated US dollar-backed stablecoin. This collaboration will enable faster and more transparent settlements between Mastercard and WebBank, the issuer of the Gemini Credit Card, utilizing XRP Ledger (XRPL). ]