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Lynq and TBMC convert assets to Ripple's stablecoin RLUSD in minutes during live test

Protocol Fundamentals
13 Oct 2026
Crypto Briefing
View Source
Bullish
Lynq and TBMC convert assets to Ripple's stablecoin RLUSD in minutes during live test

Lynq, a 24/7 institutional settlement network, and The Better Money Company (TBMC), a stablecoin clearinghouse, successfully completed a live proof-of-concept converting client assets into Ripple's USD stablecoin RLUSD within minutes. This test demonstrated the efficiency of Lynq's pre-funded workflow and TBMC's clearinghouse model, aiming to improve liquidity and settlement speed for institutional digital asset transfers. The collaboration is part of a broader effort to rebuild institutional settlement infrastructure after 2023 banking closures, with future phases expected to expand stablecoin options and partner networks.

The live test of Lynq and The Better Money Company converting client assets to RLUSD offers context for digital asset markets. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Oct 13, 2026 20:51 WIB: out of 50 major cryptocurrencies, 7 rose and 42 fell. Notable movers include BAT at Rp3.237 with a 21.87% increase and BAL at Rp16.297 with an 11.14% rise, while ONE dropped 9.13% to Rp31.

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