Ripple and Convera Partner to Revolutionize Global Payments with Stablecoin Integration

Ripple and Convera have partnered to integrate stablecoins into global payment rails, aiming to improve cross-border transactions. The partnership uses a "stablecoin sandwich" model, converting fiat currencies into stablecoins for processing and returning to fiat at completion, allowing businesses to benefit from blockchain speed without direct crypto exposure. The move reflects a broader industry trend as traditional payment firms adopt hybrid solutions.