Ripple Targets Corporate Cash With RLUSD Returns

Ripple announced on October 26 a 24/7 Returns feature for corporate cash held in a Ripple wallet, offered through Ripple Treasury and subject to program requirements. Businesses can take part without directly managing the underlying digital-asset transactions, but no APY, fee schedule, investment strategy or full withdrawal terms were disclosed. The program is separate from the reserves backing RLUSD, Ripple’s payment token, and reserve income is not conferred by merely holding the token. A corporate returns agreement would set how assets are used, income is calculated and losses are allocated.