Ripple, the company behind XRP, just announced Ripple Treasury \u2013 a platform that\u2019s aimed at accounting teams, treasurers, and CFOs, attempting to provide complete control over both traditional and digital treasury operations.<\/p>\n
Many regular businesses have begun accepting cryptocurrencies and, even more, have established crypto treasuries as part of their operations. Handling those, however, can be somewhat challenging, especially as the adoption of stablecoins, tokenized securities, and blockchain-based payments accelerates.<\/p>\n
Ripple, together with GTreasury, a company they acquired, is now introducing<\/a> Ripple Treasury.<\/p>\n Advertised as the \u201conly single-provider solution that gives [you] complete control over both traditional and digital treasury operations,\u201d Ripple Treasury is a unified platform that CFOs, accountants, and treasurers will be able to leverage in managing everything from stablecoin usage to crypto acceptance on behalf of their companies and clients.<\/p>\n Additionally, the solution would allow users to settle cross-border transfers using Ripple\u2019s native stablecoin \u2013 RLUSD, which enables them to maintain dollar value throughout the transit. They can also compress forex-related risks from days to seconds because they can convert to local currency only at the destination. Speaking of RLUSD, as a reminder, recall that many financial giants, such as Mastercard, are already testing<\/a> the product on XRPL.<\/p>\n More features include:<\/p>\n Automated FX policy rules for optimization Moreover, on the vendor side, Ripple Treasury will secure 3-5 second settlements, eliminate pre-funding requirements for overseas transfers, provide real-time payment tracking only possible because of the blockchain-based technology, etc.<\/p>\n The post No More Waiting: Ripple Makes Big Announcement Aimed at CFOs<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ripple, the company behind XRP, just announced Ripple Treasury \u2013 a platform that\u2019s aimed at accounting teams, treasurers, and CFOs, attempting to provide complete control over both traditional and digital treasury operations. Digital Currency Treasuries Amid Rapid Crypto Adoption Many regular businesses have begun accepting cryptocurrencies and, even more, have established crypto treasuries as part […]<\/p>\n","protected":false},"author":0,"featured_media":130605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-130604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/130604"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=130604"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/130604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/130605"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nAccess to competitive forex rates through Ripple\u2019s liquidity network, and more.<\/p>\n