Ripple has expanded its enterprise payment solution, Ripple Payments, by adding stablecoin infrastructure that combines custody, virtual accounts, and a unified fiat and stablecoin payment channel. The platform now operates in more than 60 markets and has processed over $100 billion in transaction volume, according to the company. The update arrives as financial institutions accelerate efforts to adopt stablecoin-based payment systems across global markets.
Ripple said the platform offers licensed and institutionally standardized infrastructure designed to connect traditional finance with digital asset networks. The company stated that its regulatory coverage, global network, and expanding product suite position the platform within the evolving stablecoin payments sector.
At the same time, stablecoin activity continues to grow across blockchain networks. Global stablecoin transaction volumes reached $33 trillion last year, and stablecoins now represent about 30% of all on-chain transaction volume.
Ripple strengthened its platform through two recent acquisitions. The company acquired Palisade to expand custody services and treasury automation tools. It also acquired Rail to add virtual accounts and collection solutions.
These integrations allow Ripple Payments to deliver a broader enterprise infrastructure for financial institutions. Customers can now manage custody services while operating virtual accounts and stablecoin payment channels through the same platform.
Ripple president Monica Long described the company’s approach in a prepared statement. She said fintech firms and financial institutions require infrastructure that treats digital assets with the same standards used in traditional finance.
Long added that Ripple designed its enterprise blockchain solutions to operate at a global scale while meeting regulatory expectations in financial markets.
Meanwhile, Ripple continues to expand its stablecoin payment services. The company has integrated deeper support for its dollar-pegged stablecoin, Ripple USD (RLUSD), within the Ripple Payments platform.
RLUSD currently represents a small but growing portion of the global stablecoin market. The token has a circulating supply of roughly $1.5 billion.
The broader stablecoin ecosystem has expanded rapidly in recent years. Global stablecoin transaction activity reached $33 trillion last year, while stablecoins now account for nearly one-third of total blockchain transaction volume.
As financial institutions search for faster settlement methods, many firms are exploring stablecoin infrastructure for cross-border payments and liquidity management. Could stablecoin-based payment systems reshape how financial institutions move money across borders?
Regulatory developments have accompanied Ripple’s platform expansion. In December, the US Office of the Comptroller of the Currency conditionally approved national trust bank charters for Ripple’s proposed Ripple National Trust Bank.
The regulator also approved similar charters for several other digital asset companies. These include Circle, BitGo, Paxos Trust Company, and Fidelity Digital Assets.
If finalized, these charters would allow the companies to manage digital assets and stablecoin reserves under federal oversight. The approval would not permit deposit-taking or lending activities typically offered by traditional banks.
At the same time, lawmakers in Washington continue discussions around a US crypto market structure bill. Policymakers and industry representatives are negotiating regulatory rules for stablecoins and digital asset markets.
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Ripple has participated in those discussions. Chief Legal Officer Stuart Alderoty attended a February meeting at the White House alongside banking and crypto representatives to review stablecoin provisions within the proposed legislation.
Meanwhile, Ripple continues to expand internationally. In January, the company confirmed plans to scale Ripple Payments operations in the United Kingdom. The expansion followed approval of its electronic money institution license and crypto asset registration from the UK Financial Conduct Authority.
Ripple said its regulatory framework now includes more than 75 global licenses and money transmitter licenses. The company stated that these approvals allow it to move money on behalf of customers, work directly with banks, and operate across regulated payment networks.
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Ripple has expanded Ripple Payments with custody tools, virtual accounts, and a combined fiat and stablecoin payment channel. The platform now operates in over 60 markets and has processed more than $100 billion. As stablecoin adoption grows worldwide, Ripple continues to strengthen regulated infrastructure for enterprise digital asset payments.