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.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ethereum Founder Vitalik Buterin Wants Running a Node to Feel Less Like Rocket Science

Vitalik Buterin emphasizes simplifying Ethereum’s validator process by merging separate clients into one, enhancing user experience. He advocates for revisiting the architecture to ensure better accessibility and diversity among validators, mitigating risks from large staking pools.

Decrypt1h ago

Pi Network Starts Second Migration: Here’s What You Must Do to Be Eligible

Pi Network has initiated second migrations, allowing Pioneers to transfer more Pi to Mainnet, enhancing wallet security with two-factor authentication. This update may positively impact Pi Coin's market price, currently just below $0.20.

CaptainAltcoin2h ago

PancakeSwap Unveils PancakeSwap Town, an Immersive DeFi World With AI Agent-Integration

PancakeSwap has launched PancakeSwap Town, an interactive DeFi environment featuring AI-led tools. Users can control crypto strategies via a browser-based interface, utilizing AI assistance for swaps, yield farming, and liquidity management while retaining full transaction control.

BlockChainReporter4h ago

Cardano (ADA) Holds Top 10 Market Cap Rank as OI Surge Offsets Bears - U.Today

Cardano has regained its position in the Top 10 cryptocurrencies, currently ranking 10th with a market cap of $10.34 billion. The crypto market is experiencing a rally, with Cardano seeing significant volume increases and positive sentiment ahead of its upcoming Van Rossem hard fork.

UToday5h ago

HSBC and Standard Chartered Near Hong Kong Stablecoin Licenses

Hong Kong regulators received 36 stablecoin license applications but plan to approve only a few issuers. HSBC and Standard Chartered are expected among the first licensed HKD stablecoin issuers. The licensing framework builds on a sandbox program launched in 2024 to test stablecoin

CryptoFrontNews5h ago

Pi Network Efforts to Restructure Web3 Launch Platform — Price Action Shows Otherwise

Pi Network officially launched its first version of Pi Launchpad on Testnet with a unique token mechanism on March 16. While it signifies progress, the market response has been negative, with PI's value dropping by 8.9%. The impact on investor sentiment remains uncertain.

TapChiBitcoin6h ago
Comment
0/400
No comments