Blockchain-based payments company Ripple earlier this week launched a new enterprise product, Ripple Treasury, aimed at helping businesses manage traditional cash and digital assets within a single system, following its $1 billion acquisition of treasury software company GTreasury last year.
The platform allows corporate finance teams to transfer money across borders using Ripple’s RLUSD stablecoin, settling payments in three to five seconds instead of the typical three to five business days for bank transfers.
Ripple says the system is designed to reduce idle capital and simplify liquidity management for global businesses.
Ripple Treasury integrates directly with enterprise cash flow via APIs, pulling balances and transactions from digital asset platforms into the same dashboards used for cash, debt and short-term investments.
The idea is to allow businesses to treat crypto rails as an extension of their existing banking infrastructure, rather than as a separate, manually managed system.
Beyond payments, the platform connects users to overnight repo markets and tokenized money market funds, including BlackRock’s BUIDL. This allows businesses to cash in on their excess cash 24 hours a day, instead of placing their funds in bank accounts that stop functioning outside of business hours.
The launch marks Ripple’s first major product launch since acquiring Chicago-based GTreasury in October, a deal that brought decades of corporate treasury experience to the company.
Ripple also relies on the infrastructure of Hidden Road, the prime brokerage it purchased last year, to provide access to short-term funding markets.
