Ripple Expands Payments Platform for Global Money Transfers

 Key Insights:

• Ripple Payments supports fiat and stablecoins, allowing businesses to automate collections and cross-border transfers efficiently.
• Over 60 markets use Ripple, processing $100 billion, offering unified wallets, accounts, and liquidity management.
• Ripple holds 75+ licenses, providing compliant, secure infrastructure for global financial institutions and fintech companies.

Ripple has expanded its Ripple Payments platform, enabling businesses to move money across traditional and digital rails in a single solution. The platform allows users to collect, hold, exchange, and pay out in both fiat currencies and stablecoins. Ripple Payments is active in over 60 markets and has processed more than $100 billion in transactions.

The platform now integrates services from Palisade, which handles custody and treasury automation, and Rail, which supports virtual accounts and collections. Companies can now provision virtual accounts and wallets, automate collections, and settle funds efficiently within one system.

Managed Custody and Collections

Ripple offers managed custody services that allow businesses to secure wallets at scale, process transactions quickly, and move funds to operational accounts efficiently. Unified collections let businesses accept both fiat and stablecoin payments, which can be automatically converted and settled into one account.

The platform also manages liquidity, ensuring funds reach the right place at the right time. This simplifies processes that previously required multiple systems or vendors to coordinate payments.

Global Adoption by Businesses

Several banks and fintech companies have adopted Ripple Payments for cross-border operations. AMINA Bank in Switzerland uses the platform for near real-time international transfers, while Corpay uses managed custody to fund positions across Asia-Pacific without pre-funding. Banco Genial in Brazil and MassPay, serving over 100 countries, are also using the platform for streamlined payouts.

Other users include AltPayNet in the Philippines, CambioReal with 350,000+ users, ECIB in Malaysia, and alfred across the Americas and China. Ripple Payments enables these institutions to handle fiat and stablecoins in a single workflow, reducing operational steps.

Regulatory Framework

Ripple holds more than 75 licenses worldwide, including a New York Department of Financial Services Trust Company Charter. This framework allows Ripple to operate across financial rails, work directly with banks, and provide secure services for regulated institutions. Ripple states its operations meet global financial standards while giving businesses a consistent way to handle cross-border payments.

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