Ripple and OpenPayd have formed a strategic partnership to advance stablecoin-based payment infrastructure, focusing on Ripple USD (RLUSD). The collaboration integrates OpenPayd's real-time EUR and GBP payment rails with Ripple Payments, enabling direct minting and burning of RLUSD.
This integration allows enterprise clients to move seamlessly between fiat and digital assets across global markets. OpenPayd's financial infrastructure, which processes over €130 billion annually, will support multi-currency settlements, potentially increasing RLUSD transaction volumes and influencing XRP ecosystem activity. The partnership aims to streamline cross-border payments and expand stablecoin adoption in business applications.