Ripple expands its payment platform into a comprehensive stablecoin infrastructure

PANews March 4 News, according to Tech in Asia, Ripple has expanded its payment platform into a comprehensive fiat and stablecoin infrastructure, allowing businesses to collect, hold, exchange, and pay within 60 markets. This upgrade is based on recently acquired Palisade and Rail, adding custody management, treasury automation, virtual accounts, and fiat and stablecoin settlement features, all integrated into a single interface. Ripple states that the platform has processed over $100 billion in transactions. Last year, the global annual transaction volume reached $33 trillion, with stablecoins accounting for about 30% of on-chain activity.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Post-quantum threat mitigation! Industry suggests a Bitcoin wallet recovery tool, no need for a soft fork QSB solution

The Bitcoin community has recently proposed two major defense measures against the risk of quantum computers breaking cryptography: Lightning Labs’ recovery tools can prove wallet ownership without exposing the seed; StarkWare’s quantum-secure Bitcoin (QSB) strengthens transaction security by using hash functions, without changing the core protocol. These technologies help improve Bitcoin’s resilience in addressing future risks.

CryptoCity2h ago

Aave V4 raises deposit limits for multiple assets

Gate News message, April 12, Aave announced that, because multiple assets have reached their maximum capacity, Aave V4 has increased deposit limits this time to accommodate additional liquidity. In addition, Aave said that deposit and borrowing limits will continue to be gradually raised as funds are filled.

GateNews2h ago

Pi Network Expands Developer Tools With RPC Server Upgrade

Pi Network has taken another step to improve its system for developers. The project has launched a new RPC server upgrade on its Testnet, making it easier to build and test apps on the network. This update allows node operators to run their own RPC servers In simple words, developers no longer

Coinfomania5h ago

Counter Quantum Threats! Industry Proposes Bitcoin Wallet Rescue Tools, A QSB Plan That Requires No Soft Fork

The Bitcoin community has recently proposed two major defense measures in response to the risk of quantum computers cracking it: Lightning Labs’ recovery tools can prove wallet ownership without exposing the seed; StarkWare’s quantum-secure Bitcoin (QSB) enhances transaction security by using hash functions, without changing the core protocol. These technologies help improve Bitcoin’s resilience in the face of future risks.

CryptoCity5h ago
Comment
0/400
No comments