Ripple Invests in Notabene to Expand Stablecoin Payment Infrastructure

Ripple has made an undisclosed strategic investment in compliance infrastructure provider Notabene. The companies plan to integrate Ripple's RLUSD stablecoin into Notabene Flow, a B2B stablecoin payments platform, and explore how Notabene's payment authorization capabilities could complement Ripple Payments. According to Notabene, its broader compliance and authorization network connects more than 2,300 institutions across over 100 jurisdictions and facilitates more than $2 trillion in annualized transaction volume, primarily through Travel Rule messaging rather than stablecoin payment flows.

Ripple investment in Notabene

• ▪Ripple made a strategic investment in Notabene, a company specializing in compliance infrastructure for blockchain transactions, to expand institutional stablecoin payments
• ▪Notabene, founded in 2020 and headquartered in New York, operates an open network connecting over 2,300 institutions across more than 100 jurisdictions
• ▪Ripple and Notabene did not disclose the financial terms or the specific amount of the strategic investment
• ▪According to Notabene, its compliance and authorization network facilitates more than $2 trillion in annualized transaction volume, primarily reflecting Travel Rule messaging rather than stablecoin payment flows

RLUSD stablecoin integration infrastructure

• ▪Ripple and Notabene will collaborate to integrate Ripple's stablecoin, Ripple USD (RLUSD), into Notabene Flow, a business-to-business stablecoin payments platform
• ▪Ripple and Notabene are exploring the integration of Notabene's payment authorization capabilities with Ripple Payments, Ripple's international payments infrastructure
• ▪Notabene Flow supports business-to-business stablecoin transaction capabilities, including pull payments, recurring payments, and automated invoicing solutions

Payment authorization compliance requirements

• ▪Notabene's network provides pre-transaction verification, counterparty identity confirmation, and messaging infrastructure to comply with the Travel Rule
• ▪Financial institutions require counterparty verification, transaction pre-authorization, and anti-money laundering compliance before transferring funds via stablecoins