Blockchain-based payments firm Ripple launched a new enterprise product, Ripple Treasury, earlier this week that aims to help businesses manage traditional cash and digital assets within a single system, following its $1 billion acquisition of treasury software firm GTreasury last year.
The platform allows corporate finance teams to move money across borders using Ripple’s RLUSD stablecoin, settling payments in three to five seconds instead of the three to five business days typical for bank transfers.
Ripple says the system is designed to reduce idle capital and simplify liquidity management for global companies.
Ripple Treasury integrates directly with corporate treasury workflows via API, pulling balances and transactions from digital asset platforms to 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 a separate, manually managed system.
Beyond payments, the platform connects users to overnight repo markets and tokenized money market funds, including BlackRock’s BUIDL. That allows companies to earn returns on excess cash 24 hours a day, rather than parking funds in bank accounts that stop operating outside of business hours.
The launch marks Ripple’s first major product launch since it acquired Chicago-based GTreasury in October, a deal that brought decades of enterprise treasury experience to the company.
Ripple also relies on the infrastructure of Hidden Road, the major brokerage it bought last year, to provide access to short-term funding markets.
