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Ripple Rolls Out Three New Upgrades to Supercharge Its Payments Platform
Ripple has expanded Ripple Payments, its global platform linking financial institutions to blockchain settlement rails, to enable a wider stablecoin workflow — covering collection, custody, conversion, and payout — the San Francisco-based fintech firm said Tuesday.
Companies can now manage collections, custody, currency exchange, and payouts in both fiat and stablecoins through a single provider, eliminating the need to piece together multiple vendors for each stage of the payment and settlement process.
The move puts Ripple in more direct competition with traditional payment providers, as the upgrade aims to reduce reliance on pre-funded accounts and correspondent banking networks, which often lock up capital and slow cross-border transfers.
“For the global financial system to evolve, fintechs and financial institutions need infrastructure that treats digital assets with the same rigor as traditional finance,” said Monica Long, president at Ripple, said in a prepared statement. “Ripple has built the blueprint for blockchain-based enterprise solutions designed to operate at global scale for regulated finance.”
 
Ripple said the expansion builds on its recent acquisitions of custody and treasury firm Palisade and Rail, a platform that allows customers to hold and exchange fiat currencies and stablecoins. Ripple purchased Rail last August in a $200 million deal.
Will Ripple’s Continued Operational Growth Impact XRP Price?
Ripple is also advocating for stablecoins to enable instant settlements, allowing businesses to avoid pre-funding large balances in multiple countries. To support this, the company leverages its dollar-pegged stablecoin, RLUSD.
RLUSD represents a modest yet expanding portion of the global stablecoin market, with a circulating supply of roughly $1.5 billion.
According to Ripple, Ripple Payments is now active in over 60 markets and has handled more than $100 billion in transaction volume to date. The company highlighted participants in the network, including Switzerland’s AMINA Bank, Brazil’s Banco Genial, Malaysia’s ECIB, and the Philippines’ AltPayNet.
These milestones come amid a wider surge in stablecoin adoption across the financial system, with global annual transaction volumes hitting $33 trillion last year and stablecoins now representing 30% of all on-chain transaction activity.
Leveraging XRP within the Ripple Payments network enables transactions to settle in seconds and at a cost of just fractions of a cent — significantly cheaper and faster than traditional systems like SWIFT.
XRP climbed to $1.46, up 7.4% over the past 24 hours, recovering most of the losses from the weekend’s slide after U.S. and Israeli strikes on Iran fueled a market whipsawing.
On the one hand, expanding adoption of the underlying infrastructure could draw additional institutional capital into XRP, potentially supporting further price appreciation. On the other hand, the token’s valuation may continue to be shaped largely by broader macroeconomic trends, liquidity cycles, and shifts in investor sentiment.