C2FO
Ripple and C2FO to Implement RLUSD for Supplier Payments: Why XRP is Needed
Ripple and C2FO plan to use the XRP Ledger for early payments to suppliers on approved invoices. Transactions will be conducted in the dollar stablecoin RLUSD, while XRP will be required for network fees and reserves. However, the volume of payments does not directly determine the demand for XRP, as it depends on the number of transactions and the structure of invoices.