Vivopower International Plc (NASDAQ: VVPR) announced on Sept. 8 that its electric vehicle subsidiary, Tembo e-LV, will begin accepting Ripple USD (RLUSD) stablecoin for payments from partners and customers. The company framed the decision as a response to inefficiencies in international wire transfers, including cost and delays, which are particularly acute in developing markets. A company statement emphasized the benefits of the shift:

With RLUSD, it is possible for international wire transfers to be effectuated almost instantaneously and at a fraction of the cost of conventional wire transfers.

“Furthermore, given that RLUSD is pegged 1:1 against the U.S. dollar and is fully backed by USD deposits, short-term U.S. treasuries, and other cash equivalents, it provides the capital stability that non-stablecoin digital assets cannot offer,” Vivopower added.

Tembo operates across emerging and developed regions such as Southeast Asia, Africa, and the Middle East, where streamlined transactions can materially reduce costs for customers. RLUSD, which is issued on both the XRP Ledger and ethereum, was designed to meet institutional compliance and transparency standards while supporting near-instant settlements.

Ripple Labs has seen its stablecoin’s market capitalization increase more than tenfold since the start of 2025, reflecting broader institutional adoption. By integrating RLUSD, Tembo expects to cut transaction costs while strengthening its ability to serve clients operating in industries ranging from mining to agriculture.

For Vivopower, the move is consistent with its repositioning into an XRP-focused digital asset enterprise. The company is building a treasury strategy around XRP holdings and Ripple Labs equity while supporting decentralized finance infrastructure tied to the XRP Ledger. Tembo’s acceptance of RLUSD reflects the company’s aim to combine sustainable vehicle solutions with blockchain-enabled financial innovation, expanding its role in cross-border payments and digital finance.

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