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Ripple expands payments platform into full stablecoin infrastructure

Ripple expanded Ripple Payments into a full-stack fiat and stablecoin infrastructure that lets businesses collect, hold, exchange, and pay out across 60 markets, the company said.

The update, built on recent acquisitions Palisade and Rail, adds managed custody, treasury automation, virtual accounts, and fiat-to-stablecoin settlement in one integration.

Ripple said the platform has processed more than US$100 billion in total volume.

Global annual transactions reached US$33 trillion last year, with stablecoins accounting for about 30% of onchain activity.

🔗 Source: CoinDesk

🧠 Food for thought

Implications, context, and why it matters.

A multi-billion dollar buying streak powers Ripple’s new platform

  • Ripple built the platform’s new full-stack features through acquisitions totaling nearly $4 billion 1.
  • Palisade adds managed custody (safekeeping of digital assets), while Rail brings virtual accounts that handle stablecoin payments 1.
  • The rollout also includes the $1 billion purchase of GTreasury and the addition of Hidden Road, now renamed Ripple Prime 1.
  • Together, these deals add custody, treasury, and liquidity tools on top of Ripple’s payment network, which turns the platform into a single place for more services 1.

Ripple Payments aims to rely less on XRP price swings

  • The platform moves beyond Ripple’s earlier focus on using the XRP token for cross-border payments, with stablecoins such as RLUSD in the mix 2.
  • Ripple Payments can run without linking its operation to XRP’s market price.
  • The system accepts fiat and stablecoins, including RLUSD, while keeping access to crypto liquidity 2.
  • This broader setup also fits a push for traditional permissions, including conditional approval for a national trust bank charter 3.

Recent Ripple developments

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