Cross River Bank Integrates Ripple’s RLUSD Stablecoin into Core Banking API
Current overview (not historical)
Cross River Bank has added Ripple’s RLUSD stablecoin to its core banking platform, allowing fintech partners to use RLUSD alongside traditional payment methods via the bank’s API. The service is currently limited to a handful of U.S. states, though the specific states were not disclosed. On‑chain analysis later revealed that 110 bot wallets on the XRP Ledger were responsible for 99.6% of RLUSD payments, with the bulk of transaction volume concentrated in three collector addresses. Activity in the RLUSD ecosystem noticeably dropped after October 14, raising questions about the sustainability of the stablecoin’s usage within the bank’s network.
Written with AI from the reporting · updated 10/20/2026
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- 1Unclassified fact stationOct 17, 00:00recorded Oct 17, 06:54single sourcerevised
Cross River Bank links $2.4B RLUSD to core banking system
Read original source ↗ CryptoSlateReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- Cross River Bank
- Action：
- integrated RLUSD stablecoin into core banking platform
- Object：
- RLUSD stablecoin and XRP Ledger support
- Occurred (fact side)：
- Oct 17, 00:00
- Published (valid side)：
- Oct 17, 06:30
- First seen (known side)：
- Oct 17, 06:54
Fact stationSingle source · one-sided claimRevisedCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
- 2Unclassified fact stationOct 21, 00:00single sourcereport-time onlyrevised
110 bot wallets dominate RLUSD payments on XRP Ledger
Read original source ↗ CryptoSlateReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- 110 bot wallets
- Action：
- generated 99.6% of RLUSD payments
- Object：
- RLUSD stablecoin payments
- Occurred (fact side)：
- not recorded
- Published (valid side)：
- Oct 20, 23:20
- First seen (known side)：
- Oct 21, 00:00
Fact stationSingle source · one-sided claimRevisedReport-time onlyCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
Uncertainty marks flag where to check the sources; they are not proven causation.
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- CryptoSlateRelated fact: single sourceFact occurrence time unverifiedSource report revised110 wallets dominate 99.6% of RLUSD payments on XRP Ledger, analytics firm finds
Report first recorded Oct 21, 00:00
Just 110 wallets generated 99.6% of RLUSD payments on the XRP Ledger over 30 days, executing approximately 7.79 million transactions transferring only $7,722 worth of Ripple's stablecoin. The automated wallets, funded through Binance-labeled addresses, funneled funds to three collector addresses. The activity accounted for nearly all 7.82 million RLUSD payments recorded, raising questions about whether the transaction count reflects genuine adoption. High-value activity beneath the automated transfers shows approximately 14,600 payments worth at least $1 moved $7.33 billion, with 10 wallets accounting for $6.05 billion, or 82% of the total.
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- CryptoSlateRelated fact: single sourceSource report revisedCross River Bank adds RLUSD stablecoin to core banking platform via XRP Ledger
Report first recorded Oct 17, 06:54
Cross River Bank has integrated Ripple's RLUSD stablecoin into its Core Operating System, allowing fintechs to access the dollar-backed token through a single API without deploying blockchain infrastructure. The service is available in a limited number of U.S. states. The integration enables real-time settlement via XRP Ledger, with transaction times of three to five seconds, and connects RLUSD to traditional payment rails including ACH and wires.
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