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Ripple and OpenPayd Partner to Streamline Global Transactions with Stablecoin Infrastructure
Coin WorldWednesday, Jul 2, 2025 3:06 pm ET
3min readRipple and OpenPayd have joined forces to deliver an enterprise-ready stablecoin and payment infrastructure, aiming to streamline global transactions for businesses. This partnership combines Ripple's blockchain-based payment system with OpenPayd's fiat capabilities, providing real-time access to stablecoin liquidity,
, and treasury operations in a single platform. The collaboration simplifies cross-border transactions and treasury management, addressing the growing demand for compliant, enterprise-grade stablecoin solutions.Ripple's solution, which is already active in over 90 payout markets, will now be supported by OpenPayd's extensive fiat infrastructure. This includes real-time payment rails, multi-currency accounts, and virtual IBANs that extend coverage into EUR and GBP. By integrating these networks, enterprises can access faster, more transparent global transactions. OpenPayd's CEO, Iana Dimitrova, emphasized that businesses can now move funds globally while simplifying cross-border transactions and treasury management. She added that OpenPayd’s infrastructure supports the next generation of financial flows between blockchain and fiat systems.
The partnership also includes support for
USD (RLUSD), a stablecoin designed for enterprise use. OpenPayd will handle direct minting and burning of RLUSD, offering seamless conversion between fiat and digital assets. Businesses can integrate this stablecoin into their operations through a single API, enabling access to accounts, payments, and trading. Jack McDonald, Ripple’s SVP of Stablecoins, noted that RLUSD combines compliance with real-time utility. He emphasized that connecting stablecoins to strong fiat on and off-ramps is key for global adoption. By embedding RLUSD into OpenPayd’s ecosystem, companies gain access to stable liquidity across borders.This joint effort targets the growing number of businesses needing real-time, compliant infrastructure for global operations. As stablecoins become integral to financial strategy, a reliable bridge to traditional systems is essential. Ripple and OpenPayd believe success hinges on interoperable, rail-agnostic networks that support enterprise-grade use. The partnership reflects a shared mission to future-proof payment flows with embedded crypto infrastructure. It offers businesses a clear path to adopt stablecoins and digital assets without losing the tools of traditional banking. With compliance, speed, and transparency in focus, Ripple and OpenPayd are building the rails for tomorrow’s financial systems.
The RLUSD stablecoin, launched in December 2024, has shown increased application in the enterprise and digital payment space. This growth is further supported by new integrations, such as AEON Pay, a mobile Web3 platform that now accepts both
and RLUSD for everyday transactions in both physical and digital spaces. Additionally, the XRPL EVM Sidechain has entered the mainnet, allowing developers to produce and implement Ethereum-compatible solutions within the XRPL framework. This technical breakthrough, combined with the OpenPayd partnership, represents Ripple’s broader effort to provide high-velocity, consistent, and massive financial instruments to world markets. The collaboration with OpenPayd will deliver higher real-time value to RLUSD in the European payment arena, enhancing its credibility as a cross-border payment instrument.Ripple’s partnership with OpenPayd leverages Ripple's blockchain-driven payment system and OpenPayd's fiat platform to offer swift, compliant, and scalable payment services to banks, fintech companies, and cryptocurrency firms worldwide. OpenPayd will integrate its instant payment rails, multi-currency accounts, and virtual IBANs to support firms' payments, initially focusing on transaction processing in EUR and GBP. This integration will increase speed, transparency, and reliability, allowing money to be transferred globally in a manner that is enterprise-specific, rather than relying on foreign transfers.
One of the key aspects of this partnership is the support for OpenPayd’s stablecoin services. The firm will enable the creation and destruction of RLUSD, a stablecoin pegged to the US dollar with applications in enterprises. The RLUSD is designed to achieve a high level of compliance while also providing efficient access to dollar-based liquidity. Businesses with this integration will be capable of converting fiat to RLUSD and vice versa with ease. It will also be able to access all services of OpenPayd, like payments, trading, and embedded accounts, via a single API. This simplifies the process of managing global treasury operations, resulting in fewer costs.
Stablecoins are gaining popularity in the enterprise market at a very high pace. To transfer money across borders, companies require real-time and secure solutions. This collaboration will satisfy this demand by offering a stable framework that links conventional finances with blockchain systems. Ripple Payments can execute the payouts in more than 90 global markets, which comprise almost 90% of all daily forex transactions. The firm has already handled more than $70 billion in volume last year.
Iana Dimitrova, CEO of OpenPayd, highlighted the unique strategic value of combining crypto-native infrastructure and fiat rails. She emphasized the importance of interoperability between the current financial system and the blockchain-based asset, enabling the business to grow its networks around the world and yet be compliant with the regulatory requirements. Jack McDonald, the stablecoins SVP at Ripple, explained that infrastructure played a pivotal role in the development of digital finance. He identified RLUSD – Ripple USD supported stablecoin as a compliant, secure asset, ready to be used on an enterprise level. Compared to this partnership, businesses can take advantage of liquidity stablecoins across real-time and cross-border flows with integrated access.
Ripple and OpenPayd combined are filling one of the gaps in international payments. They are combining blockchain speed and fiat stability to bring tools to corporations to modernise their global payment strategies and treasury management. The outcome: more rapid, weightless, and assured peer-to-peer crypto-fiat crossing arrangements.
This new partnership highlights a critical step in evolving payment solutions and emphasizes Ripple's continued commitment to offering robust payment infrastructure and operational flexibility through fiat and stablecoin economies. The collaboration between Ripple and OpenPayd focuses on integrating fiat and stablecoin infrastructure standards. Real-time payment rails, multi-currency accounts, and virtual IBANs will bolster Ripple Payments' effectiveness in EUR and GBP. OpenPayd will enable direct minting and burning of RLUSD, boosting operational efficiency.
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