Ripple partners with Convera to expand global payments through stablecoins

• Ripple is collaborating with commercial payments firm Convera to offer crypto-enabled payments and treasury solutions for businesses.
• The partnership will focus on the "stablecoin sandwich" settlement model in transaction finalization.
• Ripple will provide the blockchain infrastructure, while Convera will manage the end-to-end transactions.

Ripple has announced a collaboration with Convera to deliver stablecoin-enabled cross-border payments and treasury solutions for businesses, according to a statement on Tuesday.

Ripple-Convera partnership to bridge traditional finance and blockchain settlement

The partnership combines Ripple's blockchain infrastructure and digital asset settlement technology with Convera's global payment network, foreign exchange capabilities and customer orchestration systems.

At the core of the collaboration is a "stablecoin sandwich" model, where transactions begin and end in traditional fiat currencies, while regulated stablecoins facilitate settlement in the middle. This structure allows enterprises to benefit from blockchain speed and efficiency without directly managing digital assets. As a result, it helps address inefficiencies in underserved regions where legacy payment systems remain slow or expensive.

Under the partnership, Convera will oversee the front-end customer experience, while Ripple will provide liquidity and the blockchain-based cross-border settlement infrastructure.

"By partnering with Convera, we're combining a trusted global payment infrastructure with stablecoin-powered settlement to give businesses more control over how and when they move value across borders," said Aaron Slettehaugh, SVP of Product at Ripple.

Convera CEO Patrick Gauthier emphasized the company's customer-first approach and its measured adoption of digital assets.

"With the growing presence and use of digital currencies such as crypto and stablecoins, Convera has maintained a thoughtful approach by listening to what our customers want while watching this space continue to mature," he said.

The announcement highlights Ripple's growing momentum in enterprise blockchain adoption. Since 2025, the company has expanded its network of institutional collaborations to strengthen cross-border payments and real-world asset tokenization across its products.

By combining institutional-grade compliance with blockchain efficiency, the company aims to enable near-instant, low-cost global value transfers for commercial clients.

Convera is expected to roll out the offering to customers in the coming months.