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Openpayd and Ripple Partner to Enhance Fiat and Stablecoin Infrastructure for Streamlined Cross-Border Payments

This collaboration will integrate Openpayd’s global fiat infrastructure, including real-time payment rails and multi-currency accounts, with Ripple Payments, which utilizes blockchain technology to facilitate fast and transparent cross-border payments in EUR and GBP. The partnership also enhances Openpayd’s stablecoin infrastructure by enabling direct minting and burning of Ripple USD (RLUSD), allowing businesses to seamlessly convert between fiat and RLUSD while accessing a comprehensive suite of services through a single API. Both companies emphasize the importance of robust fiat infrastructure for mainstream stablecoin adoption, with the partnership designed to simplify cross-border payments and improve liquidity management for enterprises.

Openpayd and Ripple Partner to Enhance Fiat and Stablecoin Infrastructure for Streamlined Cross-Border Payments

This collaboration will integrate Openpayd’s global fiat infrastructure, including real-time payment rails and multi-currency accounts, with Ripple Payments, which utilizes blockchain technology to facilitate fast and transparent cross-border payments in EUR and GBP. The partnership also enhances Openpayd’s stablecoin infrastructure by enabling direct minting and burning of Ripple USD (RLUSD), allowing businesses to seamlessly convert between fiat and RLUSD while accessing a comprehensive suite of services through a single API. Both companies emphasize the importance of robust fiat infrastructure for mainstream stablecoin adoption, with the partnership designed to simplify cross-border payments and improve liquidity management for enterprises.

https://news.bitcoin.com/openpayd-and-ripple-partner-to-enhance-fiat-and-stablecoin-infrastructure-for-streamlined-cross-border-payments/