Ripple and C2FO Partner to Revolutionize Invoice Financing on XRP Ledger
Ripple and C2FO are leveraging the XRP Ledger to transform supplier payments from days to seconds using RLUSD.
Ripple and C2FO are leveraging the XRP Ledger to transform supplier payments from days to seconds using RLUSD. XRP (XRP) is trading at ₹128 ($1.34), up 0.8% since this brief published. This is an original Token Times brief synthesising 2 outlets (Bitcoin.com, CryptoPotato), plus live market data, as of Wed, 28 Oct 2026 02:00:02 UTC.
This partnership aims to address the longstanding issue of delayed payments in supplier financing by utilizing blockchain technology, potentially improving cash flow for businesses and reducing reliance on traditional banking systems.
- Ripple and C2FO are integrating invoice financing onto the XRP Ledger.
- The initiative uses RLUSD, Ripple's dollar-backed stablecoin, for faster settlements.
- BNY Mellon is also partnering with Ripple for institutional custody services.
- RLUSD has a circulating supply of $2.6B, significantly larger than CASH at $128.18M.
Bitcoin.com and CryptoPotato both report that Ripple and C2FO are collaborating to bring invoice financing to the XRP Ledger using RLUSD, targeting faster supplier payments. However, CryptoPotato provides additional context by mentioning Ripple's separate partnership with BNY Mellon for institutional custody services, which Bitcoin.com does not cover. Both outlets agree on the core development of using the XRP Ledger for faster payments but differ in the scope of partnerships mentioned.
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- Ripple and Arf Partner to Address Cross-Border Payment Funding Gaps
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- Ripple and C2FO Partner to Revolutionize Invoice Financing on XRP Ledger — this brief
Ripple and C2FO have announced a partnership to integrate invoice financing and settlement onto the 
XRP Ledger, aiming to significantly reduce payment delays for suppliers. The initiative, announced on October 27, leverages Ripple's dollar-backed stablecoin, RLUSD, to facilitate faster access to cash for approved invoices.
The XRP Ledger is being positioned as a solution to the traditional banking system's inefficiencies, which often leave suppliers waiting days for payments. By utilizing blockchain technology, the partnership seeks to streamline the payment process, making it nearly instantaneous.
This development is part of Ripple's broader strategy to expand the adoption of the XRP Ledger. According to CryptoPotato, Ripple is also partnering with BNY Mellon to provide institutional custody services, further solidifying its presence in the financial sector.
The initiative comes at a time when the total crypto market cap stands at $2.77 trillion, with 
Bitcoin showing a modest 24-hour gain of 0.83%. The XRP token itself is trading at $1.33, up 1.43% in the last 24 hours, while RLUSD, with a circulating supply of $2.6 billion, remains relatively stable at $0.999951.
The partnership highlights the growing trend of using blockchain technology to address inefficiencies in traditional financial systems. As more institutions explore the potential of digital assets and blockchain, initiatives like this could pave the way for broader adoption and innovation in the financial sector.
Since this brief published about 4 hours ago, XRP (XRP) has moved from ₹126.62$1.33 to ₹127.57$1.34 — +0.75%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹138.69 (about $1.34), up 2.9% over 24 hours. The rupee itself trades about 8.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ripple and C2FO Partner to Revolutionize Invoice Financing o — questions & answers
What is the purpose of the Ripple and C2FO partnership?
The partnership aims to use the XRP Ledger to reduce payment delays in supplier financing, enabling faster access to cash for approved invoices.
How does the XRP Ledger facilitate faster payments?
The XRP Ledger leverages blockchain technology to streamline the payment process, making it nearly instantaneous compared to traditional banking systems.
What is the circulating supply of RLUSD?
The circulating supply of RLUSD is $2.6 billion, according to DeFiLlama.
How much is 1 XRP worth in rupee today?
About ₹138.69 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.34. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.75% since this brief first published — trading at ₹128 ($1.34) now versus ₹127 ($1.33) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com, CryptoPotato, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.