KEY INSIGHT
- Ripple expanded its payments platform into a full fiat and stablecoin infrastructure, with total processed volume surpassing $100 billion.
- New features include custody, treasury automation, and virtual accounts, added through Ripple’s acquisitions of Palisade and Rail.
- The upgrade allows businesses to manage cross-border payments in fiat and stablecoins through a single integration across 60+ global markets.
Ripple Expands Payments Platform as Processed Volume Tops $100B
Ripple has expanded its payments platform into a full-stack infrastructure supporting both fiat currencies and stablecoins, as total processed volume on Ripple Payments surpassed $100 billion.
The upgrade enables businesses to collect, hold, exchange, and send payments in traditional currencies and stablecoins through a single integration across more than 60 global markets.
The expansion follows Ripple’s acquisitions of Palisade and Rail, which add key financial services capabilities. Palisade provides managed custody and treasury automation, allowing enterprises to create wallets and manage funds at scale. Rail introduces virtual accounts that accept fiat and stablecoin deposits with automatic conversion and settlement.
By combining custody, foreign exchange, liquidity, and payout rails into one system, Ripple aims to simplify cross-border payments and reduce reliance on multiple service providers.
The move comes as stablecoin usage accelerates globally, with industry estimates showing $33 trillion in annual transaction volume, accounting for roughly 30% of on-chain activity.
Meanwhile, XRP has declined about 5% over the past week amid broader crypto market volatility linked to geopolitical tensions, though Ripple’s payment operations remain separate from the token’s market performance.
