Ripple Payments is providing the global rails needed to scale operations through simplified onboarding via a single provider.

Ripple recently announced a major expansion of the Ripple Payments solution with the goal of creating a one-stop shop for enterprise-ready digital asset solutions.

With its recent acquisitions of custody solutions Palisade and virtual accounts and collections solutions, Rail, Ripple customers can now collect, hold, and exchange in fiat and stablecoins.

The acquisitions also allow Ripple to offer scalable managed custody solutions, accept fiat and stablecoins through virtual accounts, and provide advanced liquidity.

“For the global financial system to evolve, fintechs and financial institutions need infrastructure that treats digital assets with the same rigour as traditional finance,” said Monica Long, President at Ripple.

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