TLDR
- Convera partnered with Ripple to add stablecoin-enabled payment and treasury tools for businesses.
- The service uses fiat at both ends and regulated stablecoins during settlement.
- Ripple will provide liquidity, on and off ramps, and cross-border settlement infrastructure.
- Convera will manage payment flow, FX services, and customer experience across its network.
- The companies said the model aims to speed payments in corridors with limited options.
Convera has joined Ripple to support stablecoin-enabled cross-border payments for business customers. The partnership combines Convera’s payment network and FX services with Ripple’s blockchain settlement tools. It also adds treasury options for firms moving funds between markets.
Both companies said the service is designed for faster and more reliable business payments. They said it may be useful in corridors with limited traditional options. The deal centers on Convera joining forces with Ripple to empower stablecoin-enabled cross-border payments.
Partnership sets clear roles for both companies
Convera will manage the payment journey for its clients. That includes customer support, foreign exchange, and the flow of funds. Businesses will still interact with Convera during the process. It will connect the service to its global business network.
Ripple will provide liquidity and settlement infrastructure for the service. It will also handle on and off ramps between fiat and digital assets. Ripple said this allows movement between traditional and digital finance systems. This setup supports the cross-border stage of each payment.
Patrick Gauthier, chief executive of Convera, said customer demand shaped the move. He said Convera had watched the sector mature and listened to customer needs. He said Ripple was a trusted partner for the rollout. He also called Ripple a natural fit.
Stablecoin model keeps fiat at both ends
The service uses what the companies call a stablecoin sandwich model. Payments begin in fiat and end in fiat. Regulated stablecoins are used during settlement in between. The model separates settlement from the customer-facing steps.
That structure lets businesses access blockchain rails without holding digital assets directly. It also keeps the customer experience closer to a standard payment flow. Businesses do not need direct exposure to digital assets. The companies said this can reduce friction in some markets.
Aaron Slettehaugh, Ripple’s senior vice president of product, described the goal in simple terms. He said businesses want faster and more flexible global payments. He added that many firms want those benefits without added crypto complexity. He said the partnership gives businesses more control over timing.
Launch comes with event and research push
The announcement arrives as companies look for faster payment and treasury tools. Stablecoins and real-time rails are drawing more attention in corporate finance. Firms are also weighing cost, speed, and access across markets. That search is pushing providers toward multi-rail models.
Convera said it will speak at Fintech Meetup in Las Vegas. The session is titled, “How Do You Move Fast with New Payments Rails Without Breaking Things — Or Compliance?” It is scheduled for Wednesday, April 1, at 1:05 p.m. PT. The discussion will focus on new rails and compliance.
The company also invited readers to sign up for its Payments 2026+ Liquidity in Motion report. It said the report covers regulatory deadlines, real-time payment innovation, and multi-rail ecosystems. The company said the report will examine changes through 2026 and beyond. Those themes are shaping how businesses move money across borders.
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