XRP News: Ripple and OpenPayd to Power Global Payments with RLUSD
The post XRP News: Ripple and OpenPayd to Power Global Payments with RLUSD appeared on BitcoinEthereumNews.com.
Key Insights: In the latest XRP news, OpenPayd integrated its universal financial infrastructure with Ripple’s enterprise-grade stablecoin and blockchain network. OpenPayd will provide direct minting and burning capabilities for RLUSD stablecoin, enabling seamless fiat and stablecoin conversion. XRP price continues to move sideways under the key support of $2.20. In the major XRP news today, Ripple and OpenPayd have partnered to deliver enterprise-ready stablecoin. As well as payment infrastructure powered by RLUSD. They planned to embed OpenPayd’s universal financial infrastructure with Ripple’s enterprise-grade stablecoin and blockchain network. This will enable faster, simpler, more transparent global payments. XRP News: Ripple Partners with OpenPayd In a press release on July 2, financial infrastructure firm OpenPayd announced a strategic partnership with Ripple. This brings two infrastructure leaders with expertise across blockchain and traditional finance to deliver compliant, efficient, and scalable payment solutions for enterprise clients. The partnership enables OpenPayd’s global fiat infrastructure, including real-time payment rails, multi-currency accounts, and virtual IBANs support Ripple Payments into EUR and GBP fiat currencies. Clients can make real-time money movement with the integration. “The future of global finance depends on seamless interoperability between traditional infrastructure and digital assets. This is how we accelerate real-world adoption of stablecoins at scale,” said Jack McDonald, SVP Stablecoins, Ripple. The partnership delivers the tools businesses need to move and manage money globally, while future-proofing their payments through blockchain-based finance. Direct RLUSD Minting and Burning OpenPayd will provide direct minting and burning capabilities for the RLUSD stablecoin. Businesses can convert between fiat and RLUSD with OpenPayd’s services, including embedded accounts, payments, and trading, through a single API. “By combining Ripple Payments with OpenPayd’s rail-agnostic and fully interoperable fiat infrastructure, we are delivering a unified platform that bridges traditional finance and blockchain,” said Iana Dimitrova, chief executive at OpenPayd. The partnership not only…
Filed under: News - @ July 2, 2025 7:29 pm