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Ripple Expands Stablecoin-Based Payments Platform for Banks and Fintech Firms

Ripple announced an expansion of its stablecoin-powered payments platform for banks and fintechs, broadening stablecoin workflows across its network. The upgraded system adds collection, custody, conversion and payout features designed to streamline the use of stable-value assets in payment operations. Ripple said the enhancements are intended to reduce reliance on overseas prefunded accounts while aiming to accelerate cross-border settlements for institutional users.
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