Ripple and OpenPayd have announced a strategic partnership to integrate blockchain technology with traditional financial infrastructure for enterprise clients.
Through the partnership, OpenPayd’s fiat infrastructure, including real-time payment rails and multi-currency accounts, will support Ripple Payments in EUR and GBP.
“Ripple has long been a pioneer in blockchain-based payments,” said Iana Dimitrova, chief executive at OpenPayd.
“By combining Ripple Payments with OpenPayd’s rail-agnostic and fully interoperable fiat infrastructure, we are delivering a unified platform that bridges traditional finance and blockchain.”
The partnership builds on the recent launch of Ripple’s stablecoin, RLUSD, by enabling direct minting and burning through OpenPayd’s infrastructure. This allows businesses to convert seamlessly between fiat and RLUSD.
“This partnership enables businesses to move and manage money globally, access stablecoin liquidity at scale, and simplify cross-border payments, flows and dollar-based operations,” added Dimitrova.
Ripple has stated that there is growing enterprise demand for stablecoins, which requires compliant infrastructure to manage money globally and between traditional finance and blockchains.
“The future of global finance depends on seamless interoperability between traditional infrastructure and digital assets,” said Jack McDonald, SVP Stablecoins at Ripple.
“Our collaboration with OpenPayd gives enterprises reliable access to RLUSD, combining the stability and compliance they expect with the connectivity they need. This is how we accelerate real-world adoption of stablecoins at scale.”
The partnership creates an integrated platform that enables fiat-to-stablecoin conversion, supporting compliant, real-time payments across both traditional finance and blockchain networks.
