Financial services infrastructure provider OpenPayd has partnered with blockchain company Ripple to enhance stablecoin payments.
The collaboration will integrate Ripple Payments into OpenPayd's global fiat infrastructure, enabling support for payments in euros and British pounds.
OpenPayd's newly launched stablecoin infrastructure will offer direct minting and burning capabilities for Ripple USD (RLUSD), allowing businesses to convert between fiat and RLUSD.
The partnership aims to provide businesses seamless interoperability between traditional finance and digital assets, accelerating real-world adoption of stablecoins at scale.