New alliance combines fiat and blockchain infrastructure to streamline enterprise transactions in EUR, GBP, and stablecoins
Openpayd, a leading financial infrastructure provider, has announced a strategic partnership with blockchain powerhouse Ripple to deliver enhanced, compliant, and scalable payment solutions tailored for enterprise-level clients. The collaboration brings together Openpayd’s robust fiat infrastructure and Ripple’s blockchain-driven payments network, aiming to redefine how businesses conduct cross-border transactions.
Seamless Integration of Fiat and Blockchain Capabilities
At the core of this partnership is the integration of Openpayd’s global fiat services—which include real-time payment rails and multi-currency accounts—with Ripple Payments, Ripple’s flagship solution for fast, transparent cross-border transactions. The initial focus will be on payments in EUR (Euros) and GBP (British Pounds), offering enterprises a faster, more efficient way to move money across borders.
By merging the strengths of both platforms, businesses will gain access to an end-to-end solution that simplifies the complexity of international payments. The integration is designed to accelerate settlement times, reduce transaction costs, and enhance transparency—all through a single, unified API.
Boosting Stablecoin Utility with RLUSD Minting and Burning
A major innovation introduced through this partnership is the support for Ripple’s newly launched USD stablecoin (RLUSD). Openpayd will now enable enterprises to mint and burn RLUSD directly, creating a bridge between traditional fiat currencies and blockchain-native assets.
This functionality allows businesses to convert between fiat and RLUSD seamlessly, supporting improved liquidity management and treasury operations. For companies looking to harness the benefits of digital assets while maintaining compliance and reliability, this integration presents a powerful new tool.
Driving Stablecoin Adoption Through Fiat Infrastructure
Both Ripple and Openpayd are aligned in their belief that robust fiat infrastructure is essential for the mainstream adoption of stablecoins. By providing the necessary payment rails, banking services, and API connectivity, the partnership ensures that businesses can utilize stablecoins without the technical and regulatory hurdles that have traditionally slowed adoption.
“The success of stablecoins in the global financial ecosystem hinges on their interoperability with existing fiat systems,” said a spokesperson from Openpayd. “This partnership with Ripple represents a leap forward in making that interoperability a reality for enterprise clients.”
A Unified Platform for Modern Enterprise Payments
With this partnership, Ripple and Openpayd are positioning themselves at the forefront of enterprise financial innovation. By combining blockchain speed with fiat infrastructure reliability, they are offering a compelling alternative to traditional banking systems for global businesses.
The integrated solution not only simplifies cross-border transactions but also enhances control, visibility, and flexibility for businesses managing multi-currency flows and digital assets. It marks another significant milestone in the broader movement to modernize payments through blockchain technology, without compromising on compliance or scalability.
As Ripple continues to expand its enterprise offerings and Openpayd strengthens its infrastructure capabilities, this partnership sets a new standard for what global business payments can—and should—look like.
