XRP News: Ripple Expands Payments to 60+ Markets

Ripple has expanded XRP payments with new tools that let businesses collect, hold, exchange, and pay out funds across fiat and stablecoin rails through one platform. The company said the upgraded service is now live in more than 60 markets, has processed over $100 billion in volume, and operates with more than 75 licenses, as it targets financial institutions and fintechs seeking regulated cross-border payment infrastructure.

The update adds managed custody, unified collections, and advanced liquidity features to Ripple Payments. Ripple said these services are designed to reduce the need for multiple vendors across treasury, custody, settlement, and collections, while supporting both traditional currencies and digital assets within one workflow.

Ripple Broadens Payments Stack for Enterprise Clients

Ripple said the latest expansion builds a full payment flow for businesses that need to move money internationally. The platform now supports collection of fiat and stablecoin payments through named virtual accounts and wallets, automated conversion into a preferred currency, and settlement into a consolidated account.

The company also linked this rollout to its recent acquisitions of Palisade and Rail. Through those additions, Ripple said it can now offer managed custody, high-speed transaction signing, wallet provisioning at scale, and automated sweeping of funds into operational accounts. XRP news presented that combination as part of a broader push to give regulated businesses a single platform for treasury movement and cross-border transactions.

XRP News Shows Focus on Banks and Payment Firms

Ripple named several companies already using the service, including Corpay, AMINA Bank, Banco Genial, MassPay, alfred, AltPayNet, CambioReal, and ECIB. According to Ripple, these firms are using the platform for use cases such as stablecoin-to-fiat transfers, Brazil payout flows, business payments across Asia-Pacific, and corporate cross-border settlement.

Among the examples, Ripple said Corpay is using managed custody and liquidity tools to fund and settle positions across Asia-Pacific with RLUSD, while AMINA Bank has adopted Ripple Payments for near real-time cross-border flows for institutional and crypto-native clients. Ripple also said MassPay is using the network for payouts to more than 100 countries, and Banco Genial is applying it to outbound payments from Brazil.

Stablecoin Push Centers on Scale and Compliance

In the XRP news, the company said global annual stablecoin transaction volume reached $33 trillion last year and that stablecoins now account for 30% of all onchain transaction volume. Those figures position Ripple Payments as infrastructure for firms that want faster settlement and simpler liquidity management.

The company also stressed its regulatory reach as part of the product pitch. Ripple said it holds more than 75 licenses globally, including a New York Department of Financial Services trust charter, and said that base allows it to move money on behalf of customers and work directly with banks and payment providers. Ripple added that the network runs on 51 real-time payment rails and is supported by more than 20 banking partners.

XRP Price Action Stays in Focus

XRP price action remained Volatile on March 3 as traders weighed the product expansion against broader market conditions. Data showed XRP at about $1.37, down 2.3% over the previous 24 hours, with roughly $3.24 billion in daily trading volume and a market capitalization near $83.68 billion. The data showed XRP had still gained 1.2% over the past seven days, which pointed to continued participation despite the daily pullback.

Meanwhile, an XRP analyst noted that current price action may be following a 2017-style fractal pattern on the daily chart. The chart shared with the post projected a short sideways phase before a stronger move higher later in March. 

XRPUSD 1-Day Chart | Source: X

The analyst added that this setup could send XRP toward the $10 to $11 range if the pattern continues to track the historical structure.