Overview
- VivoPower confirmed its Tembo e‑LV unit will take RLUSD from customers and partners for vehicle purchases and related services.
- Company statements say RLUSD can move funds nearly instantly at a fraction of traditional wire transfer costs for international transactions.
- Tembo serves mining, construction, military, agriculture and humanitarian clients across Southeast Asia, Africa and the Middle East, where cross-border banking is often slow and expensive.
- The move fits VivoPower’s pivot toward an XRP-centered strategy that includes building a treasury of XRP and pursuing equity exposure to Ripple Labs.
- RLUSD’s footprint has expanded this year through rising market capitalization, regional partners such as Chipper Cash and Yellow Card, and DeFi access via Aave’s Horizon RWA, while observers cite potential yet-to-be-proven institutional uses including treasury and liquidity programs.