Ripple and BNY partnered with working capital provider C2FO to test tokenized supply chain finance and instant settlement on the XRP Ledger using RLUSD

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

Traditional assets like treasuries, funds, stocks and real estate brought onto blockchains as tradable tokens.

Using crypto and stablecoins to pay for things, from payment cards and merchant checkout to payroll, remittances and cross-border settlement.