Ripple Partners With Swiss Firm Arf to Bring RLUSD Settlement Liquidity to the XRP Ledger

Ripple has formed a partnership with Arf, a Swiss-regulated payment platform, to introduce RLUSD-powered settlement liquidity on the XRP Ledger. The arrangement is designed to help licensed payment companies access short-term funding for cross-border transactions without the need to pre-fund accounts in multiple countries, a capital-intensive practice that has long weighed on the cross-border payments industry. Arf also plans to extend its settlement activity to the XRPL lending protocol once that feature becomes available on the network.

On the market side, XRP was trading near the $1.25 to $1.30 range, having repeatedly failed to break above $1.40 resistance. On-chain transaction volume on the XRP Ledger surged to $49.7 billion, a development some analysts cited as a bullish signal for the token's near-term prospects.

A separate regulatory filing drew attention during the same period: a prospectus dated October 19 registered 11,499,992 new shares in XRP treasury vehicle Evernorth at a subscription price of $11.50 per share, representing up to $132.2 million in total. The document does not specify whether any proceeds would be used to purchase XRP directly.