According to the company, the stablecoin will be used to speed up payments and cut the fees usually tied to bank wires.
Tembo builds electric utility vehicles designed for both on-road and tough off-road tasks. The fleet is aimed at jobs where reliability matters more than style.
Charging, financing, battery swaps and even microgrids are offered alongside the vehicles. Those services are now available to be paid for in RLUSD, which could make transactions simpler for local dealers and international buyers alike.
Reports have disclosed that RLUSD’s market capitalization rose roughly 10-fold since January. Ripple has been extending RLUSD’s reach through tie-ups with firms such as Chipper Cash, Yellow Card and VARL, and it recently rolled RLUSD into the Horizon RWA market owned by Aave.
Those moves are being watched closely by firms that handle cross-border trade. Adoption in Africa, parts of Southeast-Asia and the Middle East is reported to be growing.
Other parts are planned to support decentralized finance infrastructure and real-world blockchain use cases connected to Tembo’s business.
Market observers have pointed to links with institutional sponsors like Doppler Finance, suggesting RLUSD could play roles beyond payments — for liquidity management and corporate treasury planning.
If that happens, the stablecoin may be used as a bridge between fiat rails and DeFi tools in places where traditional banking is weak.
Vendors and partners in regions where Tembo operates could see faster settlements and fewer conversion fees.
Featured image from Westend61/Getty Images, chart from TradingView
