---
title: "DriveWealth Partners With Ripple to Integrate Stablecoins and Custody"
description: "The brokerage-as-a-service firm will use RLUSD on the XRP Ledger for European settlement before expanding into the United States."
url: https://basisdesk.news/news/drivewealth-ripple-partner-rlusd-stablecoin-settlement
published: 2026-10-15T12:00:57.423Z
modified: 2026-10-15T12:00:57.423Z
section: Institutions & ETFs
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: bullish
tickers: [RLUSD, XRP]
tags: [ripple, drivewealth, rlusd, xrpl, stablecoins, settlement, custody]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# DriveWealth Partners With Ripple to Integrate Stablecoins and Custody

The brokerage-as-a-service firm will use RLUSD on the XRP Ledger for European settlement before expanding into the United States.

## At a glance

- **What happened:** DriveWealth partnered with Ripple on October 14, 2026, to integrate RLUSD settlement, cross-border payments, and digital asset custody.
- **Why it matters:** The deal gives DriveWealth's global brokerage clients continuous collateral funding via stablecoins to resolve T+1 settlement friction.
- **Who is affected:** DriveWealth, Ripple, and DriveWealth's network of more than 100 fintech and institutional partners.
- **What's next:** The companies will discuss implementation details at the Ripple Swell conference on October 28, 2026, in New York City.
- **Status:** announced
- **Primary source:** [DriveWealth and Ripple Partner to Bring Institutional Digital Asset Infrastructure to Global Investing](https://ripple.com/ripple-press/drivewealth-and-ripple-partner-to-bring-institutional-digital-asset-infrastructure-to-global-investing) — ripple.com

## Key points

- DriveWealth partnered with Ripple on October 14, 2026, to deploy blockchain-based settlement, custody, and payment services.
- The deployment incorporates RLUSD on the XRP Ledger for European settlements, with future expansion targeted for the US.
- DriveWealth and Ripple Prime are exploring institutional equity financing via Ripple Prime's Delta One desk.

## Editorial remark

- **Context:** Broker-dealers face funding mismatches following the US move to T+1 equities settlement, as traditional cross-border banking rails take longer to clear fiat capital.
- **Impact:** DriveWealth's network of over 100 global partners will gain access to real-time stablecoin funding and custody rails, cutting collateral settlement frictions.
- **Watch:** The joint fireside chat scheduled for October 28, 2026, at Ripple Swell in New York City for further rollout timelines.

DriveWealth announced a partnership with Ripple on October 14, 2026, aimed at modernizing money movement, settlement, and asset management across its global brokerage platform [1]. The integration brings blockchain-based rails into DriveWealth’s infrastructure, addressing funding bottlenecks that arise from cross-border payment delays and the U.S. equities market's T+1 settlement schedule [1].

Under the agreement, DriveWealth will incorporate Ripple's stablecoin infrastructure for settlement in Europe, leveraging $RLUSD on the XRP Ledger along with Ripple's mint and burn services, with future plans to expand into the US market [1]. The platform is also integrating Ripple Payments to process cross-border deposits from global partners and deploying Ripple to handle digital asset custody in Europe [1]. Additionally, DriveWealth and Ripple Prime are exploring institutional equity financing initiatives through Ripple Prime’s Delta One desk [1].

## Around-the-Clock Funding Rails

The technological shift enables DriveWealth's institutional and retail-facing partners to fund collateral accounts through stablecoins with near-real-time conversion into fiat, bypassing standard bank wire transfer windows [1]. DriveWealth chief executive Naureen Hassan stated that the firm aims to match its 24/5 trading capabilities with continuous funding channels so client capital avoids sitting idle over weekends or overnight [1]. DriveWealth currently supplies brokerage infrastructure to more than 100 fintech and institutional partners offering access to US securities markets [1].

The initiative reflects a broader push by financial intermediaries seeking digital asset capabilities alongside traditional securities, mirroring moves such as [Jeeves securing equity funding](https://basisdesk.news/news/jeeves-raises-110m-coinfund-stablecoin-banking) to expand stablecoin enterprise banking rails. Both entities plan to present further operational details regarding the integration during a joint fireside chat scheduled for October 28, 2026, at Ripple Swell in New York City [1].

## Sources

1. [DriveWealth and Ripple Partner to Bring Institutional Digital Asset Infrastructure to Global Investing](https://ripple.com/ripple-press/drivewealth-and-ripple-partner-to-bring-institutional-digital-asset-infrastructure-to-global-investing) — ripple.com, 2026-10-15

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai