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Ripple and OpenPayd Team to Bolster Stablecoin Payments

  • 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.

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