SEATTLE — March 31, 2026
Executive Summary
Convera has announced a strategic collaboration with Ripple to deliver crypto-enabled payment and treasury solutions for businesses. The initiative introduces stablecoin-powered infrastructure into Convera’s global payments network, enabling companies to move funds across borders with enhanced speed, reliability, and flexibility.
The partnership combines Convera’s global reach, foreign exchange expertise, and customer-centric payment orchestration with Ripple’s blockchain infrastructure, liquidity capabilities, and digital asset technology. Through this integration, the companies aim to support evolving enterprise demand for modern payment rails while maintaining a structure where transactions begin and end in fiat currency, utilizing regulated stablecoins for settlement. The collaboration reflects a continued expansion of payment capabilities designed to address the needs of businesses operating across international markets.
Announcement Overview
Convera has formally entered into a collaboration with Ripple to introduce stablecoin-enabled cross-border payment capabilities within its existing commercial payments infrastructure. The partnership focuses on integrating blockchain-based settlement mechanisms into traditional payment workflows, enabling businesses to benefit from enhanced transaction efficiency without requiring direct exposure to digital assets.
Under this collaboration, Convera will orchestrate the end-to-end payment experience, ensuring seamless execution across its global network. Ripple will provide the underlying blockchain infrastructure, including liquidity provisioning, asset conversion through on/off-ramping, and cross-border settlement functionality.
The initiative is structured around a hybrid payment model that incorporates both traditional fiat systems and digital asset infrastructure, allowing enterprises to maintain operational familiarity while accessing new settlement efficiencies. This approach is particularly relevant in international payment corridors where traditional banking infrastructure may present limitations in speed, cost, or accessibility.
The collaboration represents a continuation of Convera’s approach to evolving payment technologies, aligning its platform with emerging digital asset frameworks while maintaining compliance, operational consistency, and customer-focused delivery.
Key Announcement Details
Core Announcement Identification and Context
- Announcement Type: Strategic collaboration between Convera and Ripple
- Announcement Date: March 31, 2026
- Dateline Location: Seattle
- Primary Entities: Convera and Ripple
- Convera Classification: Global leader in commercial payments
- Ripple Classification: Provider of blockchain-based enterprise solutions across traditional and digital finance
- Collaboration Purpose: Deliver crypto-enabled payment and treasury solutions for businesses
- Technology Focus: Integration of stablecoin and blockchain infrastructure into commercial payments
- Industry Scope: Global payments, fintech infrastructure, digital assets, and enterprise treasury solutions
Strategic Intent and Partnership Positioning
- Customer-Centric Approach: Convera emphasized listening to customer demand regarding digital currencies and evolving payment needs
- Market Observation: Recognition of growing presence and use of digital currencies including crypto and stablecoins
- Partnership Rationale: Need for a trusted and visionary partner aligned with customer journey in digital finance adoption
- Partner Selection Basis: Ripple identified as a leader in the crypto space
- Strategic Fit Statement: Ripple described as a natural fit for Convera
- Forward Outlook Mentioned: Expectation of continued success and growth as capabilities are rolled out
- Geographic Deployment Scope: Rollout of capabilities to customers globally (“near and far”)
Collaboration Framework and Functional Integration
- Collaboration Nature: Combination of two industry leaders in payments and blockchain infrastructure
- Convera Core Contributions:
- Trusted global payments network
- Foreign exchange (FX) expertise
- Customer payment experience and orchestration
- Ripple Core Contributions:
- Liquidity infrastructure
- Settlement capabilities
- Digital asset infrastructure
- Integration Objective: Enhance global payments through combined infrastructure capabilities
- Operational Design: Division of responsibilities between orchestration (Convera) and infrastructure (Ripple)
- System Outcome: Unified payment experience supported by blockchain-enabled backend
Stablecoin Settlement Architecture
- Settlement Model Name: Stablecoin sandwich model
- Definition of Model: Payments begin and end in fiat currencies while stablecoins are used in the middle for settlement
- Initial Stage: Fiat currency payment initiation
- Intermediate Stage: Settlement using regulated stablecoins
- Final Stage: Conversion back to fiat currency for delivery
- Purpose of Model: Enable efficient settlement without requiring direct digital asset exposure
- Operational Flow Ownership:
- Convera manages end-to-end orchestration
- Ripple powers liquidity, conversion, and settlement
- Settlement Capabilities Included:
- Cross-border settlement execution
- On/off-ramping between fiat and digital assets
- Liquidity provisioning for transactions
Cross-Border Payment Enhancements
- Primary Benefit: Faster cross-border payment execution
- Secondary Benefit: Increased reliability of global transactions
- Infrastructure Advantage: Blockchain-enabled settlement layer
- Targeted Payment Corridors: Particularly those where traditional options are limited
- Performance Improvement Areas:
- Speed
- Reliability
- Operational efficiency
- Use Case Focus: Global business payments across multiple regions
- Transaction Environment: Cross-border commercial transactions
- Operational Impact: Improved consistency and dependability in international payment flows
Enterprise Use Case and Customer Impact
- Target Audience: Enterprises and businesses engaged in global financial operations
- Primary Customer Need Addressed: Faster and more flexible global money movement
- Treasury Use Case: Integration into enterprise treasury operations
- Customer Control Feature: Greater control over timing and execution of cross-border transactions
- Adoption Driver: Increasing enterprise interest in digital currency-enabled solutions
- Complexity Reduction: Ability to benefit from digital asset infrastructure without directly handling digital assets
- Customer Journey Alignment: Meeting customers at different stages of digital currency adoption
Technology Infrastructure and Capabilities
- Technology Type: Blockchain-based enterprise solutions
- Digital Asset Category Referenced: Crypto and stablecoins
- Infrastructure Layer: Ripple’s blockchain and liquidity network
- Key Functional Components:
- Liquidity systems
- Settlement mechanisms
- On/off-ramping infrastructure
- Digital asset enablement
- Integration Model: Combination of traditional finance systems with digital asset infrastructure
- System Capability: Support for scalable and efficient cross-border payments
- Operational Environment: Enterprise-grade financial infrastructure
Event Participation and Industry Engagement
- Event Name: Fintech Meetup
- Session Title: How Do You Move Fast with New Payments Rails Without Breaking Things — Or Compliance?
- Event Location: Mandalay Bay, Las Vegas
- Event Date: Wednesday, April 1
- Event Time: 1:05 PM PT
- Session Theme: Adoption of new payment rails while maintaining compliance
- Participation Type: Convera speaking session
- Industry Context: Discussion of balancing innovation and regulatory compliance
Research Initiative and Report Details
- Report Name: Payments 2026+: Liquidity in Motion Report
- Availability: Open for sign-up
- Focus Areas Covered in Report:
- Accelerating regulatory deadlines
- Real-time payment innovation
- Emergence of multi-rail ecosystems
- Redefinition of global currency management
- Purpose of Report: Provide insights into evolving payment and liquidity dynamics
- Audience for Report: Businesses and stakeholders in global payments
Additional Resources and Customer Engagement Channels
- Educational Content: Learn how Convera makes smart money moves
- Social Media Platforms: LinkedIn and Instagram
- Events and Roadshows: Convera Live roadshows
- Audio Content: Converge Podcast
- Written Content Platform: Convera blog featuring market insights and FX news
- Industry Presence: Participation in upcoming industry shows
- Engagement Objective: Ongoing interaction with customers and stakeholders
Strategic Collaboration Framework and Operational Structure
The collaboration between Convera and Ripple establishes a structured operational model that integrates blockchain-based settlement into existing payment systems. Within this framework, each organization contributes specific capabilities aligned with its core expertise.
Convera’s role centers on managing the full lifecycle of the payment process, including initiation, routing, compliance alignment, and final delivery. This ensures that customers continue to interact with a familiar interface while benefiting from enhancements in backend infrastructure.
Ripple contributes the technology layer, delivering capabilities such as:
- Liquidity management across digital asset markets
- Conversion between fiat and digital assets
- Settlement across jurisdictions using blockchain infrastructure
This division of responsibilities allows the collaboration to function as a unified system while maintaining operational clarity between the participating entities.
The integration is designed to support scalable deployment, enabling businesses to access enhanced cross-border payment capabilities without requiring structural changes to their existing financial operations. The model ensures that enterprises can utilize advanced settlement mechanisms while continuing to transact in fiat currencies at both the initiation and completion stages.
Stablecoin Settlement Model and Payment Flow Design
A central component of the collaboration is the implementation of a “stablecoin sandwich” settlement model, which defines how transactions are processed within the system.
Core Structure of the Model
- Payments begin in fiat currency
- Funds are converted into regulated stablecoins for settlement
- Final delivery occurs in fiat currency at the destination
Operational Implications
- Businesses do not need to hold or manage digital assets directly
- Settlement benefits are achieved through intermediate use of stablecoins
- Transaction flow remains aligned with existing financial workflows
Functional Benefits Within the Model
- Reduced friction in cross-border settlement
- Improved transaction speed
- Enhanced reliability in payment execution
- Consistency across multiple geographic corridors
This structure enables the use of blockchain-based efficiencies while maintaining compatibility with traditional financial systems. The model also supports a standardized approach to cross-border payments across different regions, particularly where legacy infrastructure may introduce delays or complexity.
Cross-Border Payment Enhancement and Corridor Expansion
The collaboration is designed to address the operational challenges associated with international payment corridors, particularly those where traditional banking systems may present limitations.
By integrating stablecoin-based settlement, the partnership enables:
- Faster processing of cross-border transactions
- Improved reliability in fund delivery
- Expanded access to payment corridors with limited traditional infrastructure
Convera’s global network, which spans multiple currencies and jurisdictions, provides the distribution layer for these capabilities. Ripple’s infrastructure supports the execution layer, ensuring that transactions can be processed efficiently across borders.
The combined system facilitates a more consistent payment experience across regions, enabling businesses to operate with greater predictability when moving funds internationally. This is particularly relevant for enterprises managing multi-country operations, supplier networks, or treasury functions.
Enterprise Use Case and Treasury Applications
The collaboration is structured to support a range of enterprise payment and treasury use cases, focusing on operational efficiency and flexibility.
Primary Applications Include
- International supplier payments
- Cross-border payroll distribution
- Treasury fund transfers across subsidiaries
- Settlement of invoices in multiple currencies
Operational Characteristics
- Businesses retain control over timing and execution of payments
- Payment flows are aligned with existing treasury management processes
- Integration supports multi-rail payment environments
According to the companies, enterprises are increasingly seeking solutions that allow them to move funds globally without directly managing the complexities associated with digital assets. The collaboration addresses this requirement by abstracting the underlying infrastructure while delivering the associated benefits.
Leadership Commentary
Patrick Gauthier, Chief Executive Officer of Convera, stated:
“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. We knew we needed a trusted, visionary partner that can help us meet our customers where they are in their journey. Ripple is a clear leader in the crypto space and a natural fit for Convera. We look forward to continued success and growth as we roll out these capabilities to customers near and far.”
Aaron Slettehaugh, Senior Vice President of Product at Ripple, added:
“Enterprises are increasingly looking for faster, more flexible ways to move money globally without taking on the complexity of digital assets directly. 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.”
Technology Integration and Infrastructure Capabilities
The collaboration incorporates Ripple’s blockchain-based infrastructure into Convera’s payment ecosystem, enabling a combination of traditional and digital financial technologies.
Core Infrastructure Components
- Liquidity provisioning mechanisms
- On/off-ramping capabilities for asset conversion
- Blockchain-based settlement systems
- Integration with existing payment workflows
System-Level Characteristics
- Supports multi-currency transactions
- Enables real-time or near-real-time settlement capabilities
- Maintains compatibility with regulatory and compliance frameworks
Convera’s platform integrates these capabilities into its broader payment architecture, ensuring that customers experience a unified system while underlying processes are enhanced through digital asset technologies.
Industry Engagement and Event Participation
Convera has announced its participation in an upcoming industry session at Fintech Meetup, where it will contribute to discussions on payment innovation and compliance.
Event Details
- Session Title: “How Do You Move Fast with New Payments Rails Without Breaking Things — Or Compliance?”
- Location: Mandalay Bay, Las Vegas
- Date: Wednesday, April 1
- Time: 1:05 PM PT
The session is expected to address considerations related to adopting new payment technologies while maintaining regulatory alignment and operational stability.
Research and Insights Initiative
Convera has also introduced an upcoming report titled:
“Payments 2026+: Liquidity in Motion Report”
This report is designed to explore:
- Regulatory developments affecting payments
- Advancements in real-time payment systems
- Emergence of multi-rail payment ecosystems
- Implications for global currency management
Businesses can sign up to receive the report, which aims to provide insights into evolving trends within the global payments landscape.
Additional Resources and Engagement Channels
Convera has outlined several resources and engagement opportunities for customers and industry participants:
- Learn how Convera makes smart money moves
- Follow Convera on LinkedIn and Instagram
- Register for Convera Live roadshows
- Listen to the Converge Podcast
- Read Convera’s blog for market insights and FX updates
- Attend upcoming industry events featuring Convera
These initiatives are designed to support ongoing engagement with customers and stakeholders across the payments ecosystem.
About Convera
Convera is a global leader in commercial payments, providing solutions designed to simplify and optimize business transactions across international markets.
The company operates with a regulatory footprint spanning more than 140 currencies and 200 countries and territories, enabling businesses to conduct transactions across a wide range of geographies. Convera combines technology-driven payment solutions with expertise in:
- Foreign exchange (FX)
- Risk management
- Regulatory compliance
Its services are tailored to a diverse customer base, including:
- Small and medium-sized businesses
- Corporate finance teams
- Chief financial officers (CFOs)
- Treasury professionals
Convera’s platform is designed to support secure, efficient, and transparent payment processes, helping businesses manage global financial operations with confidence.
About Ripple
Ripple is a provider of blockchain-based enterprise solutions that support financial institutions and businesses in delivering modern financial services.
The company’s infrastructure enables:
- Cross-border payments
- Digital asset custody solutions
- Stablecoin-based settlement systems
Ripple’s technology is designed to integrate with existing financial systems while enabling new capabilities through blockchain-based frameworks. Its platform supports a range of use cases across both traditional finance and digital asset ecosystems.
Media Contact
For additional information, visit convera.com.
Source Attribution
Source: Company announcement