Openpayd and Ripple Partner to Enhance Fiat and Stablecoin Infrastructure for Streamlined Cross-Border Payments
2025-07-02 09:48:14
Main Idea
Openpayd and Ripple have partnered to enhance fiat and stablecoin infrastructure, enabling seamless conversion between fiat and Ripple USD (RLUSD) through a single API.
Key Points
1. Openpayd's global fiat infrastructure will integrate with Ripple's blockchain technology.
2. The partnership includes the burning of Ripple USD (RLUSD) to facilitate conversions between fiat and RLUSD.
3. Businesses will gain access to a comprehensive suite of services via a single API.
4. The collaboration aims to streamline cross-border payments and improve financial infrastructure.
Description
Openpayd, a prominent provider of financial infrastructure, has announced a strategic partnership with Ripple aimed at delivering compliant and scalable payment solutions for enterprise clients. This collaboration will integrate Openpayd’s global fiat infrastructure, including real-time payment rails and multi-currency accounts, with Ripple Payments, which utilizes blockchain technology to facilitate fast and transparent cross-border payments in
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