🚗 Tembo’s €lectric Vibe Meets Ripple’s 💰 Magic

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So, you know Tembo e-LV, right? It’s the part of Vivopower’s empire where they fiddle with electric vehicles. And guess what? They’re now saying, “Goodbye, snail-paced international transfers!” as they flip the switch to accept Ripple’s RLUSD stablecoin for all their global adventures. Cue the confetti for instant, wallet-friendly settlements that have developing markets throwing around existential glory!

Isn’t It Just Perfect? Tembo Taps RLUSD for Instant, Low-Cost 🌏 Transfers

On the 8th of September, Vivopower International Plc (NASDAQ: VVPR) declared with pomp and circumstance that its electric va-va-voom vehicle subsidiary, Tembo e-LV, would start chatting in RLUSD. Why, you ask? Well, apparently, the cost of international wire transfers is basically worse than asking a cat to fetch a newspaper. Especially if you’re in a developing market, oh, the theatrics!

“With RLUSD, international wire transfers are processed at breakneck speeds and costs that cost-cutting hipsters would be proud of.”

Plus! RLUSD is like the dial before 9-1-1: pegged 1:1 to the U.S. dollar, supported by actual legit goodies like USD deposits and short-term U.S. treasuries. Because if there’s one thing shiny, stable things can’t offer, it’s uncertain capital.

Tembo is known to frolic through places like Southeast Asia, Africa, and the Middle East, making monetary transactions as smooth as their ride. RLUSD, which party-crashes on both the XRP Ledger and Ethereum network, is all decked out to meet “institutional compliance” with enough transparency to make the Glass House jealous.

Event aside, Ripple Labs must be cha-chaing around, seeing RLUSD’s market cap climb the tenfold Everest since early 2025. Tembo leaps in now to slash their transaction budgets while being the morally responsible choice for the mining and agriculture crowd who clearly yearn for blockchain love.

Anyone remember when Vivopower tried being a “digital asset enterprise”? Turns out they’re not just doing a spot of window shopping anymore. They’re decking themselves out with an XRP-focused treasury strategy, Honda biking on Ripple Labs equity, and cuddling up to decentralized finance cozies that make use of the XRP Ledger. It’s all part of their plan to merge eco-friendly cars with blockchain-driven financial wizardry, because who doesn’t love a good mĂŠnage Ă  trois with cross-border payments and digital finance?

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2025-09-09 03:58