BlockBeats news, on March 4, according to CoinDesk, Ripple has expanded its Ripple Payments functionality with new features including custody, virtual accounts, and unified fiat and stablecoin payment channels. Ripple stated that the platform currently serves more than 60 markets with transaction volumes exceeding $10 billion.
Ripple Payments Adds Custody, Virtual Accounts, and Unified Fiat and Stablecoin Payment Channels
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Summary
Ripple Payments has launched custody services, virtual accounts, and a unified channel for fiat and stablecoin payments, according to crypto news. The platform now operates in over 60 markets and has processed more than $100 billion in transactions. The update follows new token listings and increasing demand for cross-border payment solutions. Ripple Payments now offers a broader range of financial services for institutional clients.
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