Ripple Expands Payments Platform With Stablecoin Stack

• Ripple has combined custody, collections, conversion, and payouts into one payments platform.
• Ripple Payments has processed $100 billion and is now live across more than 60 markets.
• Ripple’s platform expansion comes as Garlinghouse continues to advocate for the CLARITY Act.

Ripple is broadening its role in digital payments as it moves beyond cross-border transfers and expands Ripple Payments into a single platform for fiat and stablecoin money movement.

The updated offering combines collections, custody, conversion, and payouts into a single infrastructure layer, enabling businesses to manage multiple parts of the payment process through a single provider. 

The expansion arrives as Ripple CEO Brad Garlinghouse continues to publicly support the U.S. CLARITY Act, linking the company’s infrastructure push to a broader policy debate over digital asset regulation in the United States.

Ripple Expands Payments Stack With New Acquisitions

Ripple said the new capabilities are being added through two recent acquisitions, Palisade and Rail. Palisade provides custody and treasury automation and now powers a managed custody layer that enables businesses to provision wallets at scale and sweep funds into operational accounts.

Rail, meanwhile, supports virtual accounts and collections, allowing businesses to accept fiat and stablecoin pay-ins through named virtual accounts with automated conversion and settlement.

As a result, a business handling cross-border payouts can now collect, hold, exchange, and distribute funds in both traditional currencies and stablecoins through one integration, rather than using separate providers for custody, foreign exchange, liquidity, and local settlement.

Monica Long, president of Ripple, said in a statement that fintechs and financial institutions need infrastructure that handles digital assets with the same operational standards as traditional finance. She added that Ripple has built an enterprise blockchain infrastructure designed for regulated finance at a global scale.

Ripple’s General Progress and Stablecoin Focus

Ripple also said the platform has now processed more than $100 billion in total volume. According to the company report, Ripple Payments is live in more than 60 markets. It added that new customers include AMINA Bank, a FINMA-regulated Swiss institution identified as the first European bank to adopt the service, as well as the UAE-based digital bank Zand and Brazil’s Banco Genial.

The expansion also creates a distribution channel for RLUSD, Ripple’s dollar-pegged stablecoin launched late last year.

Garlinghouse Backs CLARITY Act Push

At the same time, Garlinghouse pointed to what he described on X as an “extremely pointed” message from President Trump to those delaying the CLARITY Act, saying the legislation is ultimately about serving the best interests of the American people.

The White House said banks should not try to undercut the GENIUS Act or hold the CLARITY Act hostage while posting record profits. Garlinghouse has repeatedly argued that “clarity is better than chaos” and currently sees an 80% to 90% chance that the CLARITY Act will pass by the end of April 2026.

Related: Ripple Wins Full EMI Approval in Luxembourg, Eyes EU Expansion