Ripple's new treasury platform combines traditional cash management with blockchain payments, aiming for instant settlement and optimized use of idle funds for businesses.
Ripple is accelerating its strategy to penetrate the corporate finance market by launching a blockchain-integrated treasury platform, marking a significant step in bringing digital assets into the financial logistics operations of large corporations.
According to the announcement on Tuesday, the new platform, built upon the $1 billion acquisition of GTreasury in October, combines treasury management software with Ripple's blockchain infrastructure and stablecoin. The solution allows businesses to manage cash, payments, and liquidation within a unified system, while maintaining existing controls and operational processes.
The platform is designed to address traditional bottlenecks in the treasury department, particularly lengthy clearing cycles and limited visibility between accounts. By leveraging digital asset infrastructure, Ripple promises to shorten settlement times and minimize friction in cross-border payments.
Optimizing idle cash
One of the standout features is the ability to implement a yield-generating strategy for idle cash outside of traditional banking hours. Renaat Ver Eecke, CEO of GTreasury, emphasized during Wednesday's presentation that a huge amount of cash sits idle with corporate clients overnight and on weekends.
“If settlement times are reduced to minutes, that inactive cash can start generating value for you,” Ver Eecke explains. The platform supports cross-border payments and liquidation management through stablecoins, reducing exposure to foreign exchange risk.
Ver Eecke also emphasized the importance of transparency: “One of the key things to eliminating friction is ensuring that the world between digital assets and fiat currency is 100% fully observable, within a single platform.”
Ripple is currently the issuer of Ripple USD, a stablecoin Peg to the US dollar with a market Capital of $1.42 billion at the time of writing, according to defillamadata .
The wave of Tokenize is booming.
Ripple's move coincides with the accelerating trend of Tokenize traditional assets in the US market. Last December, the Securities and Exchange Commission (SEC) issued a no-action letter to a subsidiary of Depository Trust and Clearing Corporation (DTCC), allowing it to launch a securities Tokenize service.
SEC Chairman Paul Atkins stated on X that "the U.S. financial markets are in a state of readiness to move on-chain," and that the SEC is "prioritizing innovation and embracing new technologies to realize the on-chain future."
DTCC's Tokenize project will initially focus on US Treasury bonds minted on the Canton Network, with the potential to expand to other securities. DTCC processed approximately $3.7 trillion in securities transactions in 2024.
Nasdaq is also prioritizing SEC approval for a Tokenize version of its listed stock, according to Matt Savarese, the exchange's head of digital asset strategy. The New York Stock Exchange (NYSE) is developing a trading platform for Tokenize stocks and Exchange Traded Fund (ETFs) with 24/7 trading and blockchain-based settlement.
