Ripple confirmed its partnership with Convera today to expand the cross-border payments powering stablecoins for businesses. The collaboration connects Ripple’s blockchain infrastructure with Convera’s global payment network. According to Ripple, the move aims to improve speed, liquidity and reliability in international transactions through stablecoin-based settlement.
Ripple and Convera alignment propulsion systems
in Revealed todayConvera and Ripple have combined their systems to offer cryptocurrency-backed payment and treasury services. Convera will manage the entire payment experience for its enterprise customers. At the same time, Ripple will provide the liquidity infrastructure, on-ramps and off-ramps settlements.
It is worth noting that Convera operates as a major non-bank provider of global B2B payments. The company processes more than $170 billion in annual transaction volume. This standard supports the integration of blockchain-based settlement into existing payment workflows.
According to Convera CEO Patrick Gauthier, the company has focused on customer demand while monitoring cryptocurrency adoption. He stated that Convera chose Ripple as a partner based on its position in the cryptocurrency sector. He added that the two companies plan to expand these capabilities across global markets.
The stablecoin model targets faster settlement
The partnership focuses on what Convera calls a “stablecoin sandwich” settlement model. Payments start and end on Paper currency While stablecoins deal with the intermediate transport layer. This structure allows companies to avoid direct exposure to digital assets.
However, the blockchain layer replaces traditional multi-bank transfer methods with faster settlement. As a result, transactions can move across borders with fewer intermediaries. This approach targets areas where correspondent banking services remain slow or limited.
According to Ripple’s Senior Vice President of Product, Aaron Slitho, companies are seeking faster and more flexible global payment options. He stated that the integration combines reliable infrastructure with stablecoin-based settlement. This setup gives companies more control over how and when money moves.
Ripple Institutional Payment
This deal adds Convera to Ripple’s expanding list of institutional partners in 2026. The company continues to expand the reach of its payments platform across the traditional finance and digital assets sectors. The collaboration focuses on enterprise use cases rather than retail adoption.
The timing is also in line with growing competition in stablecoin infrastructure. This month, as CoinGape reported, Ripple has joined Mastercard Crypto Partner Program. This network processes more than $9 trillion in annual payments volume.
However, Ripple and Convera have not revealed which stablecoin will support settlement operations. They also did not provide a timeline for the rollout to Convera customers. This partnership comes as Mike Higgins revealed yesterday that Ripple Prime has expanded its capabilities by updating its Hyperliquid integration.
According to Higgins, the update added HIP-3 tokens for institutional trading access. The system now supports exposure to assets such as gold, silver and oil within a unified margin framework.
