Ripple and Convera Partner for Enhanced Cross-Border Payments
- Ripple and Convera announced a partnership on March 31, 2026, to enhance global payments using stablecoins.
- The collaboration integrates traditional financial systems with blockchain infrastructure to improve speed, liquidity, and reliability.
- Convera provides a network spanning over 140 currencies across more than 200 countries and territories.
- The ‘stablecoin sandwich’ model uses regulated stablecoins for settlement between fiat entry and exit points.
- Ripple’s RLUSD stablecoin and XRP are part of the infrastructure supporting liquidity and settlement.
This partnership aims to streamline enterprise payments by combining Ripple’s blockchain technology with Convera’s extensive financial network, addressing inefficiencies in regions with constrained legacy payment systems.
By leveraging stablecoins, the initiative seeks to provide faster global payments while maintaining compliance across jurisdictions without direct exposure to digital assets. (Source)