Ripple introduced a treasury platform giving CFOs,treasurers adn accounting teams complete control over traditional and digital treasury operations.
Enabled by Ripple’s acquisition of GTreasury,the new Ripple Treasury, Powered by GTreasury combines Ripple’s blockchain infrastructure and GTreasury’s treasury command center, the company said in a blog post Wednesday (Jan. 28).
The combination offers a single framework to move, manage and optimize liquidity in real time across traditional and digital assets.
With Ripple Treasury, users can gain unified visibility for managing both types of assets; deploy funds at any time while maintaining instant access to liquidity; eliminate settlement delays and foreign exchange (FX) risk in cross-border payments; and settle vendor payments instantly.
The platform supports digital assets, tokenized securities, central bank digital currencies, real-time settlement rails and programmable payments, alongside traditional cash management, multicurrency operations, FX risk management, investment optimization and bank reconciliation.
