OpenPayd partners with Ripple to expand cross-border payments

By Vriti Gothi

OpenPayd, a financial infrastructure provider, has partnered with Ripple, a digital asset infrastructure for financial institutions, to develop scalable and compliant payment solutions for enterprise clients.

Under the agreement, OpenPayd’s global fiat infrastructure, which includes real-time payment rails, multi-currency accounts and virtual IBANs, will now support Ripple Payments for transactions in euros and sterling. Ripple Payments uses blockchain technology and digital assets, alongside an international network of payout partners, to facilitate cross-border payments and on/off ramps for banks, crypto businesses and fintech firms.

The partnership also expands OpenPayd’s recently launched stablecoin infrastructure. Through the integration, OpenPayd will offer direct minting and burning capabilities for Ripple USD (RLUSD), enabling businesses to convert seamlessly between fiat currencies and RLUSD. Companies will be able to access OpenPayd’s range of embedded services including accounts, payments and trading via a single API.

RLUSD, a USD-denominated stablecoin developed by Ripple, is designed to meet enterprise standards of trust, utility and compliance, drawing on Ripple’s experience across both crypto and traditional financial sectors. The solution is intended to support use cases such as cross-border payments, global treasury management and access to US dollar liquidity.

As demand for stablecoins increases, businesses face growing pressure to manage money in real time, across jurisdictions, and with clear regulatory safeguards. By combining blockchain functionality with fiat payment connectivity, the companies aim to offer faster and more transparent cross-border transactions.

Iana Dimitrova, Chief Executive at OpenPayd, said, “Ripple has long been a pioneer in blockchain-based payments. By combining Ripple Payments with OpenPayd’s rail-agnostic and fully interoperable fiat infrastructure, we are delivering a unified platform that bridges traditional finance and blockchain. This partnership enables businesses to move and manage money globally, access stablecoin liquidity at scale, and simplify cross-border payments, treasury flows and dollar-based operations.”

Jack McDonald, SVP Stablecoins at Ripple, said, “The future of global finance depends on seamless interoperability between traditional infrastructure and digital assets. Our collaboration with OpenPayd gives enterprises reliable access to RLUSD, combining the stability and compliance they expect with the connectivity they need. This is how we accelerate real-world adoption of stablecoins at scale.”

Ripple’s payments network currently covers more than 90 markets, accounting for over 90% of the daily foreign exchange market, with a reported transaction volume exceeding $70 billion. Both companies see the partnership as part of a broader effort to strengthen the link between conventional banking infrastructure and digital assets, in line with increasing enterprise demand for secure, transparent payment solutions.