Ripple expands its payment platform into a comprehensive stablecoin infrastructure

PANews March 4 News, according to Tech in Asia, Ripple has expanded its payment platform into a comprehensive fiat and stablecoin infrastructure, allowing businesses to collect, hold, exchange, and pay within 60 markets. This upgrade is based on recently acquired Palisade and Rail, adding custody management, treasury automation, virtual accounts, and fiat and stablecoin settlement features, all integrated into a single interface. Ripple states that the platform has processed over $100 billion in transactions. Last year, the global annual transaction volume reached $33 trillion, with stablecoins accounting for about 30% of on-chain activity.

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