Ripple (CRYPTO: XRP) on Tuesday announced a major expansion of Ripple Payments with managed custody and virtual accounts capabilities, positioning itself as the only licensed end-to-end platform for fiat and digital money movement.
The End-to-End Platform
Ripple has integrated recent acquisitions of Palisade for custody and treasury automation and Rail for virtual accounts and collections.
The platform now allows customers to collect, hold, exchange, and payout in both fiat and stablecoins within a single unified system.
The managed custody capability enables secure collection at scale, facilitating high-speed transaction signing and efficient fund sweeps to operational accounts.
Unified collections let businesses accept fiat and stablecoin pay-ins through named virtual accounts and wallets with automated conversion and settlement into a single consolidated account.
Ripple President Monica Long emphasized the infrastructure gap: “Success in this space requires enterprise-grade infrastructure, extensive licensing, and deep liquidity—capabilities few can …