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

Ripple has significantly expanded its Ripple Payments platform, transforming it into a full-stack infrastructure layer for both fiat and stablecoin money movement. This expansion allows businesses to collect, hold, exchange, and pay out using both traditional currencies and stablecoins through a single provider, eliminating the need to integrate multiple vendors for custody, collections, conversion, and settlement.

These new capabilities stem from recent acquisitions: Palisade provides the managed custody layer for provisioning wallets at scale, while Rail offers virtual accounts for accepting fiat and stablecoin pay-ins with automated conversion. Monica Long, president at Ripple, stated that this infrastructure treats digital assets with the same rigor as traditional finance.

Concurrently, Ripple announced that the platform has processed over $100 billion in total volume. This milestone occurs amid accelerating global stablecoin adoption. The growth of the payments business appears to be gaining institutional traction independently of the recent price fluctuations of the XRP token.

(Source：CoinDesk)