đš VivoPowerâs Tembo Accelerates Global Payments with RLUSD
đą VivoPowerâs subsidiary Tembo has adopted RLUSD stablecoin as part of its broader XRP strategy, enabling near-instant, low-cost cross-border payments for international clients.
đĄ Why this matters:
âŸïž Faster Payments: Streamlines transactions, especially in regions where traditional banking is slow or costly
âŸïž Lower Costs: Reduces fees tied to wire transfers
âŸïž Stable & Reliable: Offers stability that non-pegged digital assets cannot guarantee
đ Growing Adoption:
âŸïž RLUSD has seen a ten-fold increase in market capitalization since January
âŸïž Rippleâs expansion into Africa with RLUSD includes partnerships with Chipper Cash, Yellow Card, and VARL
âŸïž Confidence in Ripple continues to rise as a leader in blockchain payments
âĄïž Temboâs Impact:
The company manufactures electric utility vehicles for mining, agriculture, military, construction, and humanitarian purposes, along with charging, financing, batteries, and microgrids. By integrating RLUSD, Tembo adds another digital solution to serve its global clients efficiently.
đą Takeaway: Blockchain-powered stablecoins like RLUSD are transforming international business payments, making them faster, cheaper, and more accessible.
#VivoPower #Tembo #XRP #RLUSD #Blockchain
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