VivoPower International PLC has announced that its subsidiary, Tembo e-LV, will now accept RDUSD as payment from customers and partners. This move comes as part of the company’s strategy to enhance payment efficiency and lower costs for international transactions, particularly in developing markets.
Tembo operates globally, providing electric utility vehicles tailored for rugged applications within various industries, including mining, agriculture, and defense. The adoption of RLUSD—a fast-growing stablecoin established by Ripple Labs—aims to tackle common issues associated with traditional banking methods, such as lengthy processing times and high fees.
RLUSD is designed to facilitate near-instantaneous, low-cost international funds transfers. Pegged 1:1 to the U.S. dollar and fully backed by USD deposits, short-term U.S. Treasuries, and cash equivalents, it offers a level of capital stability that many non-stablecoin digital assets lack. This stability is particularly beneficial for Tembo’s partners and customers in regions where traditional banking may pose challenges.
With RLUSD, the company can improve transaction efficiency, effectively encouraging the adoption of digital assets compliant with stringent regulatory requirements. The stablecoin’s market capitalization has reportedly increased tenfold since the start of 2025, reflecting its growing acceptance worldwide.
VivoPower is undergoing a significant transformation, positioning itself to become a leader in digital asset enterprises with a focus on XRP. This strategy includes a diversified approach to asset management that incorporates the long-term holding of XRP digital assets, aimed at supporting decentralized finance infrastructure and exploring real-world blockchain applications.
Originally established in 2014, VivoPower boasts a wide geographical reach and operates multiple business units. Tembo specializes in electric solutions for both off-road and on-road vehicle fleets, while Caret Digital focuses on maximizing the best uses for renewable energy, including digital asset mining.
As it embraces digitalization, VivoPower aims to enhance its operational capabilities and provide innovative solutions for its customers, all while addressing the challenges associated with traditional finance—especially in underserved markets.
In light of these developments, VivoPower emphasizes the importance of compliance and risk management in its business operations, acknowledging that external factors such as economic conditions and regulatory changes could influence future performance. The company remains committed to adapting its strategies in response to the evolving landscape of the digital economy.
