Overview
- Ripple and digital bank Zand confirmed an expanded collaboration focused on deploying Ripple’s RLUSD alongside Zand’s AED‑backed AEDZ for institutional use.
- Both firms will examine issuing AEDZ on the XRP Ledger, with any rollout contingent on compliance, monitoring tools, and regulatory approvals.
- Zand will explore enabling RLUSD within its regulated digital asset custody, alongside tokenization and other bank‑regulated on‑chain finance use cases.
- The partners aim to design direct cross‑currency liquidity between RLUSD and AEDZ to streamline payments, settlement, and liquidity management for corporates.
- Coverage also noted a Whale Alert report of 116,661,476 XRP moving between Binance and Kraken, a transfer viewed as possible OTC activity or liquidity rebalancing.