• Ripple won “Best Use of Digital Currencies/Assets in Financial Services” at the PAY360 Awards.
  • It has received multiple recent accolades, including awards from Juniper Research and Fortune.
  • Ripple’s On-Demand Liquidity using XRP for cross-border payments has gained attention.

Payments technology firm Ripple took home top honors at the recent PAY360 Awards organized by the Payments Association. Ripple won the “Best Use of Digital Currencies/Assets in Financial Services” category for its pioneering work with digital assets in finance.

The PAY360 Awards recognize achievements and innovation across the payments industry. Other notable finalists alongside Ripple included Arf, IDEMIA, BCB Group, Maya, and BVNK. Additional categories highlighted advancements in open banking, B2B/B2C banking, regtech, and more.

Ripple wins at the PAY360 Awards

Ripple’s win at the PAY360 Awards adds to its recent string of honors. The company was awarded two accolades by Juniper Research in their Future Digital Awards for Fintech & Payments 2023. It was also named one of Fortune’s Best Workplaces in Technology for 2023.

Earlier this year, Ripple made the CBInsights Fintech 100 list, highlighting the most innovative financial technology firms. Its On-Demand Liquidity offering, leveraging XRP for cross-border payments, has gained particular attention.

The PAY360 Award solidifies Ripple’s position at the forefront of using digital assets to transform financial services. Its work developing use cases for cryptocurrency in mainstream finance sets it apart from fellow nominees.

As digital currencies gain more mainstream traction, Ripple aims to be at the center of enabling their utility through reliable and fast settlement infrastructure. The company continues to build out partnerships and deliver new fintech solutions centered around digital assets and blockchain technology.