US Edition
Ripple Announces Payment Expansion As President Touts Its 'Enterprise Solutions'
Ripple expands Ripple Payments to include managed custody and virtual accounts, supporting over $100 billion in volume and enabling fiat and stablecoin transactions globally.
- On Tuesday, Ripple announced a major expansion of Ripple Payments adding managed custody and virtual accounts, positioning itself as the only licensed end-to-end platform for fiat and digital money movement with more than $100 billion in processed volume across more than 60 major markets.
- Regulatory groundwork enabled Ripple to move money for customers and work with banks and payment providers across regulated financial rails, while Monica Long said enterprise-grade infrastructure and licensing are required to scale.
- The platform now allows customers to collect fiat and stablecoin pay-ins via unified collections using virtual accounts and wallets, with managed custody plus Palisade and Rail integrations for secure, scalable operations.
- Corpay, AltPayNet and MassPay are leveraging Ripple to integrate stablecoins and RLUSD for instant funding, settlement and cross-border payouts, while a Swiss crypto bank and AMINA Bank adopt Ripple for near real-time flows.
- Positioning ahead of rivals, Ripple claims it leads competitors still in pilot phases while XRP traded down on Tuesday at $1.3126, sitting 3.5% above $1.30 critical support.
28 Articles
28 Articles
Ripple news: XRP-linked firm processes more than $100 million in stablecoin volumes
The company added managed custody, virtual account collections, and fiat-to-stablecoin settlement capabilities, positioning itself as a single provider for enterprise digital asset payments across 60 markets.
Ripple Announces Payment Expansion As President Touts Its 'Enterprise Solutions'
Ripple (CRYPTO: XRP) on Tuesday announced a major expansion of Ripple Payments with managed custody and virtual accounts capabilities, positioning itself as the only licensed end-to-end platform for fiat and digital money movement. The End-to-End Platform Ripple has integrated recent acquisitions of Palisade for custody and treasury automation and Rail for virtual accounts and collections. The platform now allows customers to collect, hold, exc…
Ripple Payments Becomes an End-to-End Payments Solution in Latest Expansion
Key Insights Ripple says its payments platform is now a one-stop shop for businesses for all payment services. Ripple Payments is moving to a universal platform, with multiple enterprises now using it. XRP falters again despite Ripple Payments’ expansion. Crypto-native fintech company Ripple has expanded its payments platform to offer end-to-end services for businesses. The company disclosed this on X. They noted that Ripple Payments can now be…
Ripple Expands Institutional Stablecoin Payments Platform - Invest In Crypto News
Ripple is expanding its stablecoin payments platform for banks and fintechs, aiming to reduce the need to park money overseas and speed up cross-border transactions. Ripple Payments, the company’s global payments platform that connects financial institutions to blockchain-based settlement rails, has been upgraded to support a broader stablecoin workflow, including collection, custody, conversion and payout, the San Francisco-based company announ…
Ripple announced a further expansion of Ripple Payments to become a full-pile stablecoins infrastructure platform, integrating managed custody, virtual accounts, conversion and settlement, with the goal of simplifying cross-border business payments in more than 60 markets. *** Ripple expanded Ripple Payments to enable businesses to collect, maintain, exchange and pay in fiat and stablecoins from a single supplier. The expansion incorporates trea…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
