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Ripple expands payments platform into end-to-end stablecoin infrastructure as processed volume tops $100 billion

CoinDesk|Shaurya Malwa||1 views
Ripple expands payments platform into end-to-end stablecoin infrastructure as processed volume tops $100 billion
Image via CoinDesk
🤖AI Summary

Ripple expanded its payments platform by adding managed custody, virtual account collections, and fiat-to-stablecoin settlement capabilities, creating an end-to-end stablecoin infrastructure. The company now positions itself as a single provider for enterprise digital asset payments across 60 markets, with processed volume exceeding $100 billion.

Key Takeaways
  • Ripple added managed custody, virtual account collections, and fiat-to-stablecoin settlement to its payments platform.
  • The company has processed over $100 billion in volume through its platform.
  • Ripple now operates as an end-to-end stablecoin infrastructure provider across 60 markets.
  • The expansion positions Ripple as a single solution for enterprise digital asset payments.
  • The move demonstrates Ripple's strategic pivot toward comprehensive stablecoin services beyond XRP.
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