Ripple and Arf Bring $10B PayFi Settlement Liquidity to XRP Ledger With RLUSD

Key Takeaways: For licensed payment companies on the XRP Ledger, Arf is rolling out settlement financing using RLUSD. About $10 billion in settlement volume is processed annually and the financing is usually repaid within 1-5 days. Once necessary changes are put forth, Arf expects to shift most of its activity to native lending on XRPL. […]