VivoPower’s Tembo to Accept Ripple USD (RLUSD) Stablecoin for Payments
VivoPower International (NASDAQ: VVPR) announced that its electric vehicle subsidiary, Tembo e-LV, will begin accepting RLUSD stablecoin for payments. RLUSD, issued by Ripple Labs, is a stablecoin pegged 1:1 to the U.S. dollar and fully backed by USD deposits, short-term U.S. treasuries, and cash equivalents.
The strategic move aims to address challenges in international wire transfers, particularly in developing markets where Tembo operates. RLUSD enables near-instant transactions at reduced costs compared to traditional banking channels. The stablecoin's market capitalization has grown 10-fold since early 2025, demonstrating increasing global adoption.
VivoPower International (NASDAQ: VVPR) ha annunciato che la sua controllata nel settore dei veicoli elettrici, Tembo e-LV, inizierà ad accettare pagamenti in stablecoin RLUSD. RLUSD, emessa da Ripple Labs, è una stablecoin ancorata 1:1 al dollaro statunitense e completamente garantita da depositi in USD, titoli di Stato USA a breve termine e equivalenti di cassa.
La mossa strategica punta a risolvere le difficoltà legate ai bonifici internazionali, in particolare nei mercati in via di sviluppo dove opera Tembo. RLUSD consente transazioni quasi istantanee a costi ridotti rispetto ai canali bancari tradizionali. La capitalizzazione di mercato della stablecoin è cresciuta di 10 volte dall'inizio del 2025, segnalando un'adozione globale in aumento.
VivoPower International (NASDAQ: VVPR) anunció que su filial de vehículos eléctricos, Tembo e-LV, empezará a aceptar stablecoin RLUSD como forma de pago. RLUSD, emitida por Ripple Labs, es una stablecoin vinculada 1:1 al dólar estadounidense y totalmente respaldada por depósitos en USD, bonos del Tesoro de EE. UU. a corto plazo y equivalentes de efectivo.
La medida estratégica busca abordar los problemas de las transferencias internacionales, especialmente en los mercados en desarrollo donde opera Tembo. RLUSD permite transacciones casi instantáneas a menor costo en comparación con los canales bancarios tradicionales. La capitalización de mercado de la stablecoin se ha multiplicado por 10 desde principios de 2025, lo que demuestra una adopción global creciente.
VivoPower International (NASDAQ: VVPR)는 전기차 자회사 Tembo e-LV가 결제 수단으로 RLUSD 스테이블코인을 받기 시작한다고 발표했습니다. RLUSD는 Ripple Labs가 발행한 스테이블코인으로 미 달러에 1:1로 연동되며 USD 예치금, 단기 미 국채 및 현금성 자산으로 전액 담보됩니다.
이번 전략적 결정은 Tembo가 활동하는 개발도상국 등에서 국제 송금의 문제를 해결하는 것을 목표로 합니다. RLUSD는 전통적 은행 경로에 비해 거의 즉시 처리되는 거래와 낮은 수수료를 가능하게 합니다. 이 스테이블코인의 시가총액은 2025년 초 이후 10배로 증가해 전 세계적 채택이 늘고 있음을 보여줍니다.
VivoPower International (NASDAQ: VVPR) a annoncé que sa filiale de véhicules électriques, Tembo e-LV, commencera à accepter les paiements en stablecoin RLUSD. RLUSD, émis par Ripple Labs, est un stablecoin adossé 1:1 au dollar américain et entièrement garanti par des dépôts en USD, des bons du Trésor américain à court terme et des équivalents de trésorerie.
Cette décision stratégique vise à résoudre les difficultés liées aux virements internationaux, en particulier sur les marchés en développement où opère Tembo. RLUSD permet des transactions quasi instantanées à moindre coût par rapport aux canaux bancaires traditionnels. La capitalisation boursière de ce stablecoin a été multipliée par 10 depuis le début de 2025, témoignant d'une adoption mondiale croissante.
VivoPower International (NASDAQ: VVPR) gab bekannt, dass seine Elektrofahrzeug-Tochter Tembo e-LV künftig RLUSD-Stablecoin als Zahlungsmittel akzeptieren wird. RLUSD, herausgegeben von Ripple Labs, ist eine Stablecoin, die 1:1 an den US-Dollar gebunden ist und vollständig durch USD-Einlagen, kurzfristige US-Staatsanleihen und Zahlungsmitteläquivalente gedeckt wird.
Der strategische Schritt zielt darauf ab, Probleme bei internationalen Überweisungen zu adressieren, insbesondere in den Entwicklungsmärkten, in denen Tembo tätig ist. RLUSD ermöglicht nahezu sofortige Transaktionen zu geringeren Kosten im Vergleich zu traditionellen Bankkanälen. Die Marktkapitalisierung der Stablecoin ist seit Anfang 2025 um das 10‑Fache gewachsen, was eine zunehmende weltweite Akzeptanz zeigt.
- Integration of RLUSD enables near-instant international transactions
- Reduced transaction costs compared to traditional wire transfers
- Expansion of payment options for global customers and partners
- Access to growing stablecoin ecosystem with 10x market cap growth in 2025
- Exposure to cryptocurrency market regulatory risks
- Potential volatility in stablecoin adoption and acceptance
Insights
VivoPower's Tembo adopting Ripple's RLUSD stablecoin could significantly reduce transaction costs and accelerate international payments, particularly in developing markets.
VivoPower's decision to accept RLUSD payments through its Tembo subsidiary represents a strategic move to address real operational challenges. By adopting Ripple's stablecoin, the company aims to overcome two significant pain points in international transactions: excessive lead times and high transaction costs.
This initiative is particularly meaningful given Tembo's global footprint across developing markets in Southeast Asia, Africa, and the Middle East, where banking infrastructure can be less efficient. The
The timing is strategic, with RLUSD's market capitalization having grown
Importantly, this adoption addresses actual business friction rather than simply jumping on the cryptocurrency bandwagon. By implementing a regulated stablecoin solution that operates on both XRP Ledger and Ethereum, VivoPower gains near-instant settlement capabilities without the exchange rate volatility risks that would otherwise complicate international business operations.
Tembo operates globally across markets, including Southeast Asia, Africa, and the Middle East
RLUSD is the fast-growing stablecoin established by Ripple Labs
RLUSD stablecoin enables near-instant low-cost international funds transfers
LONDON, Sept. 08, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) (the "Company") announced today that its electric vehicle subsidiary, Tembo e-LV (“Tembo”), is accepting payments from customers and partners in RLUSD, the stablecoin established by Ripple Labs (“Ripple”).
As a business that operates globally across developed as well as developing nations, Tembo has been seeking practical solutions to real-life challenges that affect conventional international wire transfers, including lead time and high transaction costs. This is particularly pronounced for partners and customers in developing markets.
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.
What is RLUSD?
RLUSD is a stablecoin issued by Ripple Labs, designed for real-world payments. It is pegged 1:1 to the U.S. dollar and is fully backed by USD deposits, short-term U.S. Treasuries, and other cash equivalents. It is built to meet institutional standards for compliance, transparency, and security. RLUSD is issued natively on both the XRP Ledger and Ethereum. This allows for near-instant, low-cost settlements, supporting Ripple’s mission to enable seamless cross-border value transfer.
RLUSD’s coin market capitalization has increased 10-fold since the start of the calendar year 2025, with increasing adoption around the world.
Strategic Rationale
Accepting RLUSD will help VivoPower:
- Improve Efficiency: Speed up transactions, especially for international customers and partners.
- Reduce Costs: Lower fees and delays associated with traditional banking channels and fiat currency.
- Support Innovation: Promote the adoption of enterprise-ready digital assets that meet strict compliance and audit standards.
- Expand Treasury Options: Broaden the Company’s digital asset and decentralized finance (DeFi) strategy.
About VivoPower
VivoPower International PLC (NASDAQ: VVPR) is undergoing a strategic transformation into the world’s first XRP-focused digital asset enterprise. The Company’s new direction centers on the acquisition, management, and long-term holding of XRP digital assets, including via Ripple Labs equity as part of a diversified digital treasury strategy. Through this shift, VivoPower aims to contribute to the growth and utility of the XRP Ledger (XRPL) by supporting decentralized finance (DeFi) infrastructure and real-world blockchain applications.
Originally founded in 2014 and listed on Nasdaq since 2016, VivoPower operates with a global footprint spanning the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia. An award-winning global sustainable energy solutions B Corporation, VivoPower has two business units, Tembo and Caret Digital. Tembo is focused on electric solutions for off-road and on-road customized and ruggedized fleet applications as well as ancillary financing, charging, battery and microgrids solutions. Caret Digital is a power-to-x business focused on the highest and best use cases for renewable power, including digital asset mining.
About Tembo
Tembo electric utility vehicles (EUVs) are a
Forward-Looking Statements
This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterisations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. There can be no assurances that VivoPower will continue to comply with all of NASDAQ’s Listing Rules at all times, given inherent uncertainty in business conditions and financial markets. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise. .
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FAQ
What is the purpose of VivoPower (VVPR) accepting RLUSD stablecoin payments?
How does RLUSD stablecoin maintain its value for VivoPower transactions?
What are the key benefits for VivoPower (VVPR) in accepting RLUSD payments?
How has RLUSD's market presence grown in 2025?
Which markets will benefit from VivoPower's RLUSD payment acceptance?
