Google Cloud should operate its own layer-1 blockchain network for wholesale payments

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Circle CEO Jeremy Allaire stated that businesses and individuals in emerging markets are turning to stablecoins for digital-dollar payments and financial services as blockchain moves into a mainstream scaling phase

Stablecoins are expanding beyond cryptocurrency trading into everyday commercial payments, international money transfers, and cross-border bank settlement

USDC stablecoin prefunding enables eligible payment businesses to deposit liquidity for cross-border payouts 24/7 in near real time, bypassing traditional commercial banking operating hours

The proprietary Core Operating System API of Cross River Bank allows financial technology firms to convert between US dollars and RLUSD stablecoins to settle 24/7 cross-border transactions

Inyo Global integrated Visa Direct USDC prefunding directly into Inyo's existing application programming interfaces, allowing clients to enable stablecoin funding without altering existing technical connections

Cross River Bank enables fintech companies to access Ripple's RLUSD alongside conventional wires, ACH, and real-time payments through a single API without deploying blockchain infrastructure

Inyo Global supports domestic and cross-border payouts across more than 180 countries and manages stablecoin compliance across jurisdictions through its dedicated InyoX arm

Robson Dantas, Inyo Global co-founder and chief product officer, stated that round-the-clock stablecoin prefunding gives fintechs and money transmitters a continuous funding method using familiar payment interfaces

Vira Platonova, global head of Visa Direct, stated that the commercial launch of USDC prefunding on October 15, 2026, represents a shift from initial stablecoin testing to live business implementations

Visa Direct moved its USDC stablecoin prefunding service into commercial production on October 15, 2026, naming payment infrastructure provider Inyo Global as its first rollout partner

Visa initiated stablecoin prefunding pilots under Visa Direct in September 2025 and introduced a separate stablecoin payout program for gig workers and creators in November 2025

Cross River Bank's integration of Ripple's RLUSD stablecoin supports the XRP Ledger, offering services initially across a limited number of US states

On October 15, 2026, New Jersey-based Cross River Bank announced a partnership with Ripple to integrate Ripple's US dollar-backed RLUSD stablecoin into its core banking platform

Visa reported that its stablecoin-linked card ecosystem expanded to over 160 global programs, with total annualized stablecoin settlement activity exceeding $20 billion across supported networks

Continuous stablecoin prefunding allows cross-border payment providers to hold leaner balance reserves by topping up funds as transaction demand arises rather than relying on bank settlement windows

On November 24, 2025, Cross River Bank launched a Core Operating System-integrated stablecoin payments offering with limited-state availability for approved fintech and enterprise partners

Cross River Bank head of crypto Luca Cosentino detailed bank accounts allowing direct stablecoin transfers from US dollar balances using standardized APIs and automated liquidity

Visa tested a seven-day USDC settlement trial with Lloyds involving $750,000 in payment obligations that reached Visa in under an hour, including over a weekend during the trial

As of October 16, 2026, neither Ripple nor Cross River Bank has confirmed any plans to integrate X Money, tied to Elon Musk's X platform, with Ripple's RLUSD or the XRP Ledger

Cross River Bank serves as the banking infrastructure provider for X Money, the payment platform associated with Elon Musk's company X