Ripple has rolled out an expanded version of Ripple Payments, combining collections, custody, exchange, and payouts inside a single cross-border infrastructure platform. The system is aimed at regulated institutions that need one operational layer for collections, asset custody, and liquidity management, and it now spans more than 60 markets across fiat and digital payment rails.
One platform for collections, custody, exchange, and payouts
Ripple said businesses can now manage fiat currencies and stablecoins through one workflow instead of stitching together separate providers for different parts of the payment cycle. Under the new setup, funds can move into operating accounts without relying on disconnected vendors to handle each step. The update centers on bringing previously fragmented payment functions into one platform.
The company also said its payments network has processed more than $100 billion in volume. Ripple Payments includes liquidity tools designed to rebalance funds across regions, a function meant to address the funding gaps that often appear in cross-border settlement. The pitch is straightforward: fewer handoffs, fewer systems, and tighter control over movement of funds.
Palisade and Rail added custody automation and virtual accounts
The expansion follows Ripple’s acquisitions of Palisade and Rail. Those deals added custody automation and virtual account infrastructure to the platform. Clients can open named virtual accounts and wallets, then automate both collections and settlement processes.
That matters for firms operating across several jurisdictions. Cross-border payment flows often require separate tools for incoming funds, account mapping, conversion, and local disbursement. Ripple is trying to place those functions inside a single framework rather than leaving institutions to connect them on their own.
Regulated firms are already using the system
Ripple named several companies already using Ripple Payments for cross-border fund flows. AMINA Bank adopted the platform to support near real-time transfers for institutional clients. In Brazil, Banco Genial uses it for outbound international payouts. Corpay applies Ripple’s custody and liquidity tools to settle stablecoin positions in Asia-Pacific, while MassPay uses the platform to support payouts in more than 100 countries.
According to Ripple, these firms join payment providers across Latin America, Europe, and Asia that use the same infrastructure for collections, conversions, and settlements. The model is built around a shared operating layer rather than region-specific payment stacks.
Compliance framework built on more than 75 licenses
Ripple said it operates under more than 75 licenses worldwide, including approvals from the New York Department of Financial Services. That licensing coverage allows the company to move funds on behalf of customers and work directly with banks.
The company said this compliance structure supports stablecoin and fiat flows under existing financial rules, giving fintech firms a path to onboard through a single provider instead of relying on regional intermediaries. Commenting on the update, Monica Long said regulated finance needs infrastructure that applies the same controls to digital assets, and that licensing reach and liquidity access remain central to global operations.