Ripple Partners With Florida Athletics to Explore XRP and RLUSD Payments
Ripple has partnered with Florida Athletics to introduce payment options involving XRP and RLUSD, expanding the potential use of digital assets within collegiate athletics.
Payment Options Involving XRP and RLUSD
The partnership will focus on enabling payments using XRP, Ripple’s native digital asset, and RLUSD, a U.S. dollar-backed stablecoin issued by Ripple. Stablecoins are designed to maintain a value linked to a reference asset—in this case, the U.S. dollar.
Broader Digital-Asset Adoption
The initiative reflects continued efforts by cryptocurrency companies and sports organizations to explore blockchain-based payment solutions. Further details about the rollout, supported services and launch timeline were not provided in the available update.