In major XRP news, Ripple has integrated native on-chain capabilities into its treasury management system, enabling CFOs to easily access crypto assets such as XRP and RLUSD. This comes after Ripple CEO Brad Garlinghouse revealed how Ripple Treasury processed up to $13 trillion in payments last year, without any involvement in crypto payments.
XRP News Today: Ripple Integrates Crypto Into Treasury Management
In a press release, Ripple announced that it has introduced the first native on-chain capabilities in an enterprise treasury management system. Its treasury management system, Ripple Treasury, has now added Digital Asset Accounts and Unified Treasury, enabling CFOs to view, hold, receive, and manage fiat and digital liquidity within their existing dashboard.
This marks the crypto firm’s latest integration of decentralized finance (DeFi) with traditional finance (TradFi), even as it continues to expand its operations. The Ripple Treasury dashboard shows a unified view of cash and crypto assets such as XRP, RLUSD stablecoin, and BTC.
This move is expected to boost crypto payments among institutions by enabling 24/7 liquidity management through this integration. It also further places the crypto firm at the heart of global finance, even as Ripple nears becoming a national bank.
It is worth noting that Ripple CEO Brad Garlinghouse recently mentioned that GTreasury, now Ripple Treasury, processed up to 13 trillion payments last year, none of which involved crypto assets. However, he suggested that this is about to change as stablecoins gain greater adoption and integrate crypto assets such as XRP into their treasury management systems.
In the release, the crypto firm again noted that it facilitated $13 trillion in payment volume for customers ranging from SMEs to Fortune 500 companies. “Digital Asset Accounts and Unified Treasury extend that trusted infrastructure into digital assets for the first time, with multiple customers already in beta ahead of today’s global GA launch,” Ripple added.
