Ripple, C2FO test RLUSD supplier payments on the XRP Ledger
Ripple and C2FO are exploring early supplier payments in RLUSD through the XRP Ledger as Ripple seeks broader business adoption of its payment infrastructure.
Ripple and C2FO are exploring early supplier payments in RLUSD through the XRP Ledger as Ripple seeks broader business adoption of its payment infrastructure. XRP (XRP) is trading at $1.20. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Fri, 06 Nov 2026 11:00:04 UTC.
The proposal connects stablecoin settlement with activity on the XRP Ledger, creating a potential pathway for enterprise payments to increase network usage. Whether that activity translates into additional XRP demand remains an open question.
- Ripple and C2FO are exploring early supplier payments in RLUSD through the XRP Ledger.
- RLUSD’s verified circulating supply is $2.67B, according to DeFiLlama.
- XRP trades at $1.20, down 8.87% over 24 hours and 4.54% over seven days.
- The Crypto Basic points to a disconnect between Ripple’s business progress and XRP’s weak price performance.
- Ripple Expands XRP Ledger Use with C2FO and BNY Mellon Partnerships
- Ripple USD (RLUSD) Stablecoin Now Available on Coinbase
- Ripple and Water.org Expand Stablecoin Aid Payments Initiative
- Ripple's RLUSD Leads Stablecoin Market Growth Amid Binance Withdrawal Resumption
- XRP Community Member Criticizes Ripple's Focus on RLUSD Over Token's Price
- Ripple Prime Extends RLUSD Collateral Access for Weekend Trading
- Ripple, C2FO test RLUSD supplier payments on the XRP Ledger — this brief
Ripple and C2FO are exploring a supplier-payment arrangement that would provide early payments denominated in 
Ripple USD, or RLUSD, through the 
XRP Ledger. Crypto.news describes the dollar stablecoin as central to the settlement route, linking the initiative to potential growth in commercial activity on the network.
The Crypto Basic frames the announcement within Ripple’s wider progress in partnerships, financial services, and regulatory approvals. Citing Black Swan Capitalist founder Versan Aljarrah, the outlet highlights an apparent disconnect between that institutional momentum and XRP’s recent market performance.
Crypto.news supplies the specific C2FO and supplier-payment details, while The Crypto Basic contributes broader context on Ripple’s expanding business footprint but does not quantify the initiative or independently restate its mechanics. No figures reported for the proposed payment arrangement conflict with one another, although the outlets emphasize different consequences: XRP Ledger adoption versus the gap between company progress and the token’s price.
RLUSD already has a verified circulating supply of $2.67B, according to DeFiLlama, matching its reported $2.67B market capitalization. The stablecoin is unchanged over 24 hours and down only 0.01% over seven days, indicating relative stability while the broader crypto market declines.
The wider market backdrop is risk-off: total crypto market capitalization is $2.62T, 
Bitcoin is down 5.24% over 24 hours, and the Fear & Greed index stands at 28, within Fear territory. XRP is priced at $1.20, down 8.87% over 24 hours and 4.54% over seven days, with a $76.25B market capitalization. The relevant watchpoints are whether suppliers adopt the arrangement and whether increased RLUSD settlement produces observable activity on the XRP Ledger; the proposed link to XRP demand is not itself confirmed by the supplied figures.
Since this brief published about 3 hours ago, XRP (XRP) has moved from $1.20 to $1.20 — +0.00%.
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 TLT'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 ≈ ₦1,655.1 (about $1.20), down 9.1% over 24 hours. The naira itself trades about 2.3% above the official rate on the P2P market, so a Nigerian 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 · November 6, 2026.
TLT 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, C2FO test RLUSD supplier payments on the XRP Ledger — questions & answers
What payment arrangement are Ripple and C2FO exploring?
They are exploring early supplier payments in RLUSD through the XRP Ledger, with the dollar stablecoin positioned at the center of settlement.
How large is RLUSD’s circulating supply?
DeFiLlama’s verified figure is $2.67B, equal to the stablecoin’s reported market capitalization.
How is XRP performing amid Ripple’s expansion?
XRP trades at $1.20, down 8.87% over 24 hours and 4.54% over seven days, despite The Crypto Basic highlighting Ripple’s broader progress.
How much is 1 XRP worth in naira today?
About ₦1,655.1 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.20. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news. 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 TLT 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.