Convera, Ripple Speed Payments Using Stablecoins

Convera and Ripple are partnering to enhance cross-border payments for businesses by integrating stablecoin technology. This collaboration aims to make international transactions quicker and more dependable, particularly in regions with less developed traditional payment infrastructures. By combining Convera's extensive global network and foreign exchange expertise with Ripple's blockchain solutions, the companies intend to provide efficient crypto-enabled payment and treasury services. This initiative seeks to streamline global commerce and offer a more robust alternative to existing payment methods, potentially reducing costs and settlement times for businesses operating internationally.