Convera announced a strategic collaboration with Ripple to offer payment and treasury solutions enabled by stablecoins and blockchain technology aimed at companies with cross-border operations. The alliance combines Convera’s global network, its foreign exchange expertise and customer experience management, with the liquidity, settlement and digital asset infrastructure provided by Ripple.
The operating model is based on the scheme known as the “stablecoin sandwich“: payments begin and end in fiat currency, while intermediate settlement is carried out through regulated stablecoins. Convera orchestrates the end-to-end payment experience, while Ripple contributes the underlying infrastructure for liquidity, system access and exit, and cross-border settlement.
Patrick Gauthier, CEO of Convera, stated that the company was looking for a partner with a clear vision to accompany its clients in the adoption of digital currencies. For his part, Aaron Slettehaugh, SVP of Product at Ripple, noted that the alliance seeks to give businesses greater control over how and when they move value at global scale, without requiring them to directly take on the complexity of digital assets. The initiative is aimed especially at corridors where traditional payment options are limited or inefficient.
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions
