Ripple has entered a strategic partnership with global B2B payments provider Convera to bring stablecoin‑enabled cross‑border payments to businesses worldwide.
The collaboration aims to combine Ripple’s blockchain infrastructure and digital asset solutions with Convera’s established foreign‑exchange and payments network to speed up international transfers and improve liquidity in challenging payment corridors.
Convera, which serves corporate and institutional clients across more than 140 currencies and 200 countries and territories, said the deal will help it modernize legacy payment rails with crypto‑native tools while maintaining regulatory and compliance standards.
Ripple will provide its enterprise blockchain platform and stablecoin‑based settlement capabilities so Convera’s customers can move value faster and with more transparency than traditional correspondent banking routes typically allow.
According to Convera’s official press release, the partnership will initially focus on corridors where cross‑border payments are often slow, expensive, or difficult to access through conventional banking channels.
By using stablecoins as a bridge asset, the companies say they can reduce pre‑funding requirements, cut operational friction, and offer businesses more predictable liquidity when sending and receiving international payments
Ripple noted that the collaboration is part of its broader strategy to expand enterprise use of blockchain‑based payment infrastructure beyond remittances and into B2B flows, trade payments, and treasury operations.
The company has already partnered with a range of financial institutions and payment providers in Europe, the Middle East, and Asia, and sees Convera’s global footprint as a way to bring crypto‑enabled settlement to a larger base of corporate users
For the XRP community, the deal adds another potential real‑world payments use case tied to Ripple’s technology stack, though neither company has disclosed specific timelines, volumes, or which digital assets will be used in each corridor.
Market participants are watching to see how quickly the partnership moves from pilot projects into production flows and whether it leads to measurable increases in blockchain‑settled cross‑border transactions.
What’s next
Convera and Ripple plan to roll out the new services in phases, working with regulators and banking partners in each market as they go live.
Both firms frame the collaboration as a step toward making cross‑border B2B payments more efficient and transparent at scale, using stablecoins and blockchain infrastructure to upgrade systems that many businesses still find slow and costly today.
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