Ripple, OpenPayd Team Up to Boost Cross-Border Payments

Leading blockchain-based payments provider Ripple has teamed up with embedded finance platform OpenPayd in a new strategic partnership. This partnership aims to make cross-border transactions faster and easier by enabling instant transfers in euros and British pounds.

The collaboration will also help drive real-world use of stablecoins, with Ripple’s RLUSD integration into OpenPayd’s platform. Through this, businesses across banking, fintech, and digital asset sectors will access a unified platform that offers seamless movement between traditional currencies and digital assets. 

A key feature of the partnership is the support for RLUSD, Ripple’s newly launched U.S. dollar-pegged stablecoin. OpenPayd will serve as the infrastructure provider for minting and burning RLUSD, allowing enterprises to convert between fiat and digital assets on demand.

Businesses can use this to manage liquidity more efficiently and execute cross-border transactions with greater speed, reliability, and cost-effectiveness.

“This partnership marks a significant evolution in global payments infrastructure,” said Iana Dimitrova, CEO of OpenPayd. “By combining Ripple’s blockchain network with OpenPayd’s embedded finance technology, we deliver a comprehensive solution that empowers businesses to operate across borders in real-time.”

The integration of RLUSD also reflects the growing demand for stablecoins as operational tools, not just speculative instruments. With increasing corporate interest in using stablecoins for settlements, treasury management, and international payouts, RLUSD provides a trusted, enterprise-grade solution backed by Ripple’s regulatory and financial expertise.

“Our goal is to create seamless connectivity between traditional financial systems and digital assets,” said Jack McDonald, Head of Stablecoins at Ripple. “This collaboration with OpenPayd helps bring stablecoins like RLUSD into practical, everyday use, bridging the gap between innovation and utility.”

As digital and traditional finance continue to converge, the Ripple OpenPayd partnership sets a new benchmark for cross-border payments. With stablecoin infrastructure integrated into a real-time, global payments network, businesses are better equipped to navigate a rapidly evolving financial landscape.