Companies frequently endure waiting periods of 30, 60, or 90 days just to receive their payments. Furthermore, traditional bank settlements mean that even expedited payment options might take several days to fully process. Because trade finance is the engine that drives international commerce, Ripple has teamed up with @C2FO to transition these vital financial operations onto the @XRP Ledger: https://on.ripple.com/4iH2uBY
Through this collaboration, we are migrating the financing and settlement processes behind C2FO Instant Pay™ directly to XRPL. By leveraging RLUSD to handle these settlements, we are empowering suppliers to collect their funds in a matter of seconds rather than days.
This strategic integration effectively bridges RLUSD and XRPL with a well-established working-capital marketplace. As a result, companies can secure their cash much more quickly, providing them with the necessary liquidity to manage payroll, stock up on inventory, and fulfill new orders.
Exciting developments are on the horizon as trade finance officially makes its way to the XRP Ledger.
As of today, we are broadening our shared efforts with @BNYglobal to encompass custody solutions alongside tokenized trade finance. This expanded partnership seamlessly merges the profound institutional scale of BNY with the advanced capabilities of the XRP Ledger, $RLUSD, and @XRP.
Read the full announcement here: https://on.ripple.com/4kkekDf
The landscape of corporate treasury is transitioning to an always-on model. To help facilitate this shift, we are excited to introduce our newest Ripple Treasury capabilities today. These tools are designed to help businesses oversee and transfer money 24 hours a day by seamlessly combining digital asset infrastructure, liquidity management, and AI-powered automation. Discover all the details about our latest updates by visiting https://on.ripple.com/48hwVIQ
The role of custody has expanded far beyond a simple secure vault to become the fundamental operating framework for digital finance.
A recent @BCG report features insights from more than 20 financial institution leaders who are actively navigating this transformation. These experts detail how they pinpoint opportunities outside of standard safekeeping and subsequently select the ideal custody models and service providers to seize those advantages.
With the next era of digital asset custody advancing rapidly, what steps are you taking to get ready for the future? Discover more here: https://on.ripple.com/4z9rSq0