Tembo’s Electric Vehicles Go Crypto: RLUSD to the Rescue!

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Oh, the irony! 🙄 Here I am, writing about electric cars and crypto. Talk about a match made in heaven! But let’s get serious for a moment (or not). VivoPower International’s electric-vehicle arm, Tembo, is getting a bit more tech-savvy. They’re starting to accept Ripple USD (RLUSD) for payments. Can you believe it? It’s like they’re trying to make life easier for their customers… or maybe just trying to keep up with the times. 🕒

According to the company, using this magical stablecoin will speed up payments and cut down on those pesky bank wire fees. Because who doesn’t love saving money, right? 💸

Tembo Adopts RLUSD For Global Payments

Tembo caters to a pretty diverse crowd, from miners and farmers to the military and construction workers. Not to mention, they do a lot of humanitarian work. Most of these folks are in developing regions where bank transfers are as slow as molasses in January and as expensive as a night out in London. 🥴

And guess what? RLUSD can supposedly move value almost instantly across borders and at a fraction of the cost of traditional methods. That’s the main reason VivoPower decided to jump on the crypto bandwagon. Who knew being eco-friendly could also mean being financially savvy? 🌱💰

The Vehicles And The Services Around Them

Tembo builds these rugged, reliable electric utility vehicles that can handle anything from city streets to the roughest off-road terrain. Style? Who cares? Reliability is the name of the game here. 🚙💪

But wait, there’s more! Alongside the vehicles, Tembo offers charging solutions, financing options, battery swaps, and even microgrids. Now, all of these services can be paid for in RLUSD, making transactions a breeze for local dealers and international buyers alike. It’s like they’re trying to make the world a better place, one electric vehicle at a time. 🌍✨

$VVPR – VivoPower’s Tembo to Accept Ripple USD (RLUSD) Stablecoin for Payments
Partners with Doppler Finance for Institutional XRP and RLUSD Yield Programs: Maximizing Returns on Crypto Treasury Strategy
Low Float/ OS near 4.5M shares

1.1% PreM/ $5.02

– John Zidar aka/ Stock Wizard (@JohnZidar) September 8, 2025

Ripple Partnerships And Market Moves

It seems like RLUSD is having a bit of a moment. Reports say its market cap has soared tenfold since January. Ripple is on a roll, partnering with companies like Chipper Cash, Yellow Card, and VARL, and even integrating RLUSD into the Horizon RWA market owned by Aave. 🚀

Firms dealing with cross-border trade are watching these moves closely. There’s a growing adoption in Africa, parts of Southeast Asia, and the Middle East. It’s like the world is finally catching on to the magic of crypto. ✨

VivoPower’s Broader XRP Strategy

VivoPower isn’t just dabbling in RLUSD; they’re diving headfirst into the XRP ecosystem. The company is positioning itself as an XRP-focused digital asset enterprise. They’re adding holdings in XRP and equity in Ripple Labs to their portfolio, holding some for treasury purposes and others to support decentralized finance infrastructure and real-world blockchain use cases. 🤯

Implications For Treasury, Liquidity And Local Markets

Market watchers are noting the ties with institutional sponsors like Doppler Finance, suggesting RLUSD could play a role beyond just payments. It might help with liquidity management and corporate treasury planning. If this happens, the stablecoin could act as a bridge between traditional banking and DeFi tools in regions where traditional banking is lacking. 🌉

Vendors and partners in areas where Tembo operates could see faster settlements and fewer conversion fees. It’s a win-win for everyone involved, except maybe the banks. 😏

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2025-09-09 19:23