Ripple debuts treasury platform combining cash and digital asset management

Ripple has introduced Ripple Treasury, a new corporate treasury platform resulting from its acquisition of GTreasury. This platform merges GTreasury's enterprise software with Ripple's blockchain infrastructure to combine traditional cash management with digital asset operations in a unified system. The goal is to streamline functions like cross-border payments, liquidity management, and asset reconciliation, addressing issues like slow settlement times and fragmented systems. Specifically, Ripple Treasury facilitates cross-border settlements in three to five seconds using the RLUSD stablecoin, significantly faster than traditional cycles. It offers a single interface for managing both fiat and digital assets via API integrations, treating digital platforms as "digital banks." Furthermore, the platform is expected to allow customers to access short-term liquidity and repo markets through Hidden Road, which Ripple acquired last year. This launch coincides with Ripple's ongoing global regulatory expansion, including recent approvals in the UK and Luxembourg.

(Source：The Block)