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Ripple news: XRP-linked firm rolls out platform after $1 billion GTreasury deal

CoinDesk
Ripple launched Ripple Treasury, integrating cash and digital assets following its $1 billion GTreasury acquisition.

Summary

Blockchain payments firm Ripple has released Ripple Treasury, a new enterprise product designed to help companies manage traditional cash and digital assets within a unified system, capitalizing on its $1 billion acquisition of treasury software firm GTreasury last year. The platform enables corporate finance teams to settle cross-border payments using Ripple’s RLUSD stablecoin in seconds, drastically cutting down the typical settlement time of three to five business days. Ripple Treasury integrates directly with existing corporate workflows via APIs, allowing firms to view balances and transactions from digital asset platforms alongside traditional cash and investments. Furthermore, it connects users to overnight repo markets and tokenized money-market funds, such as BlackRock’s BUIDL, enabling companies to earn yield on excess capital around the clock. This launch represents Ripple’s first major product release since acquiring GTreasury, leveraging that enterprise treasury expertise alongside infrastructure from its acquisition of Hidden Road for access to short-term funding markets.

(Source:CoinDesk)