Lynq and The Better Money Company (TBMC) reported completing a live proof of concept in which TBMC converted assets held on Lynq into Ripple’s RLUSD, with settlement in minutes. They said it used production accounts and institutional counterparties, without a credit facility, while interest accrued on assets held on Lynq until conversion. Lynq’s announcement

Lynq and The Better Money Company (TBMC) reported completing a live proof of concept in which TBMC converted assets held on Lynq into Ripple’s RLUSD, with settlement in minutes. They said it used production accounts and institutional counterparties, without a credit facility, while interest accrued on assets held on Lynq until conversion. Lynq’s announcement

TBMC said institutions could settle through Lynq and receive the stablecoin they needed through its clearinghouse, and that TBMC customers could use Lynq settlement under the hood. The companies described this as phase one and said it was available to current Lynq and TBMC clients. TBMC’s announcement Lynq’s broader strategy includes connecting stablecoin creation, redemption, settlement, and capital movement; native stablecoin support on Lynq was targeted for the end of 2026. FinanceWire release