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Ripple Brings Blockchain Efficiency to Corporate Finance Operations

Key Takeaways

  • Ripple launched a treasury platform that merges GTreasury software with blockchain tools to manage company funds in one place;
  • The system shortens settlement times and improves visibility across accounts;
  • Treasurers can earn returns on idle funds during off-hours while following company risk and investment policies.

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Ripple Brings Blockchain Efficiency to Corporate Finance Operations

Ripple is stepping further into business finance with a new tool for managing company funds.

The platform combines standard treasury software with blockchain technology to help companies handle cash, payments, and liquidity in one place.

In a January 27 blog post, Ripple said the system links GTreasury’s cash-management tools with Ripple’s blockchain network and stablecoin rails.

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This setup lets businesses manage money through a single platform without changing their current approval steps or accounting processes.

The new system aims to solve common problems for finance teams, such as long settlement times and poor visibility across accounts. By using blockchain infrastructure, Ripple says transactions can settle much faster, and cross-border payments become smoother.

The platform also offers options to earn returns on idle funds outside regular banking hours. Treasurers can put unused cash to work while staying within company risk and investment policies.

During a January 28 presentation, GTreasury CEO Renaat Ver Eecke explained, "There’s a huge amount of cash sitting with our corporate clients that doesn’t move nights and weekends. If settlement times shrink to minutes, that non-active cash can start to work for you".

Ripple says stablecoins will be used to make international transfers faster and more predictable.

Recently, Ripple received approval to act as an Electronic Money Institution and to register under the Money Laundering Regulations in the UK. What did the company say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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