Ripple and DriveWealth Form Digital Asset Partnership
The collaboration aims to facilitate digital asset settlement and future expansion across Europe and the U.S.
Updated on Oct. 19, 2026 in Investing
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Ripple and DriveWealth have entered a new digital asset partnership to streamline settlement services and cross-border payments. The agreement plans to integrate stablecoins into collateral accounts for brokerage clients.
Why it matters
The partnership highlights a push toward broader institutional integration for stablecoins in finance. It follows the recent launch of custody services by Standard Chartered for Ripple's stablecoin, RLUSD.
XRP traded at $1.31 as of October 19. Meanwhile, Ripple, DriveWealth, and LMAX Group are coordinating efforts to accept RLUSD as collateral for future products.
The players
Ripple
Ripple is a technology company that provides global payment solutions and operates the XRP Ledger.
DriveWealth
DriveWealth is a brokerage infrastructure platform that provides API-driven trading technology to financial institutions.
Standard Chartered
Standard Chartered is a multinational banking and financial services company with a focus on emerging markets.
John Squire
John Squire is a market commentator who has publicly questioned the value proposition of this partnership for existing XRP holders.
The details
DriveWealth brokerage clients will gain the ability to add stablecoins to their collateral accounts and convert those funds into cash. The initiative also involves cross-border payment integration and ongoing digital asset custody support.
Timeline
October 12, 2026: Standard Chartered launched its custody service for RLUSD.
October 14, 2026: Ripple and DriveWealth officially announced their new partnership.
October 19, 2026: XRP recorded a trading price near $1.31.
Market Dynamics
The collaboration aligns with the operational framework set by the European Union's Markets in Crypto-Assets (MiCA) regulation. It positions the firms to capture institutional interest in regulated digital asset settlement systems.
Brokerage clients may soon see new options to utilize stablecoins as collateral within their investment accounts. Retail investors should monitor future announcements regarding U.S. expansion to understand potential changes to platform capabilities.
The takeaway
The move suggests a widening path for stablecoins to serve as standard collateral in retail brokerage environments. Investors should watch for the official launch dates of these settlement services to assess their impact on transaction liquidity.
Further reading
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