Overview
- VivoPower said its Tembo e-LV unit will take RLUSD stablecoin payments from customers and partners for electric vehicles.
- The company stated that international transfers using RLUSD can settle almost instantly at a fraction of conventional wire costs.
- Tembo serves buyers in Southeast Asia, Africa, and the Middle East, where traditional banking can be slow and expensive.
- RLUSD is described as a dollar-pegged Ripple token backed by USD deposits, short-term Treasuries, and other cash equivalents.
- VivoPower frames the integration within a pivot to an XRP-focused treasury that includes XRP holdings and Ripple Labs equity, with institutional yield programs reported as part of the strategy.