Ripple expands payment platform to integrate fiat and stablecoins

Ripple has expanded its Ripple Payments platform to create an integrated payment infrastructure that supports both fiat currencies and stablecoins, CoinDesk reported. The expansion enables businesses to receive, custody, exchange, and pay out both fiat and stablecoins through a single platform. Previously, companies such as fintech firms operating global remittance services had to rely on separate providers for custody, foreign exchange, stablecoin liquidity, and local payment networks, but Ripple has now integrated these functions into one platform.