TL;DR
- Ripple’s new partnership with OpenPayd embeds real-time EUR/GBP rails, multi-currency accounts, and virtual IBANs into Ripple Payments, enabling compliant, near-instant cross-border transfers with on-chain transparency.
- Enterprises gain one-click minting and burning of RLUSD via OpenPayd’s API, slashing settlement from days to seconds while ensuring segregated, audited reserves and full on-chain dollar liquidity control.
- A unified RESTful API streamlines integration for payroll, vendor payouts, treasury management, and tokenized asset trading across 90+ markets, backed by $70 billion in daily FX volume, accelerating mainstream stablecoin adoption.
Ripple has forged a new alliance with London-based banking-as-a-service provider OpenPayd, integrating real-time EUR and GBP rails directly into its blockchain payments network. By embedding traditional banking corridors, multi-currency accounts, and virtual IBANs, Ripple Payments can now settle cross-border transfers in seconds while preserving compliance and native on-chain transparency.
This convergence allows enterprises to orchestrate global fund flows with the agility of digital assets and the security of regulated banking partners, paving the way for richer, multi-jurisdictional payment solutions.
Ripple and @OpenPayd are expanding access to fast, compliant cross-border payments. https://t.co/I61X1yC7H3
With Ripple Payments now supported by OpenPayd’s real-time EUR and GBP rails, and direct RLUSD minting and burning, enterprises can seamlessly move between fiat and…
— Ripple (@Ripple) July 2, 2025
Seamless RLUSD Minting and Burning
At the core of the collaboration is instant minting and burning for Ripple USD (RLUSD), the fully collateralized stablecoin introduced in December 2024. Companies can now convert fiat into RLUSD, or redeem RLUSD back into euros or pounds, via a single API call into OpenPayd’s platform.
This streamlined mint-and-burn functionality grants treasurers complete command over on-chain dollar liquidity, shrinking settlement cycles from days to near-instant finality. With reserves held in segregated accounts and subject to regular audits, RLUSD offers both transparency and regulatory certainty.
Enterprise-Grade Use Cases and API Integration
This unified stack supports diverse corporate use cases, from cross-border payroll and vendor payouts to real-time treasury management and tokenized asset trading. Financial institutions and fintechs can pivot on-demand between fiat and stablecoin rails without juggling multiple gateways or compliance regimes.
A singular, RESTful API simplifies integration, slashes development time, and minimizes compliance overhead. Payment service providers can now embed RLUSD rails into their merchant checkout flows, unlocking frictionless global receivables for e-commerce and B2B platforms alike.
Scaling Global Liquidity and Compliance
As demand soars for transparent, compliant stablecoin rails, Ripple and OpenPayd are future-proofing enterprise payment strategies. Ripple Payments already spans 90+ markets and handles over $70 billion in daily FX volume. By merging on-chain efficiency with robust fiat corridors, this partnership enhances liquidity distribution and risk management for high-volume clients.
With regulatory frameworks evolving worldwide, the joint solution offers a scalable blueprint, enabling banks, corporates, and PSPs to adopt RLUSD and realize mainstream stablecoin utility on a truly global scale.
