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Ripple And GTreasury Highlight How CFOs And Treasury Managers Can Leverage Their Combined Solutions

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  • Following Ripple’s landmark $1 billion acquisition of GTreasury, the companies have expanded their solutions to address a range of corporate treasury needs.

Ripple made its largest acquisition to date when it acquired GTreasury for $1 billion in October. The deal signified the blockchain solutions provider’s big move into the $120 trillion corporate treasury payments market.

Ripple CEO Brad Garlinghouse highlighted that the acquisition would accelerate the movement, management, and real-time optimization of liquidity for customers. On Friday (UTC), GTreasury elaborated how the fusion of the two big players in onchain and traditional finance (TradFi) can boost the role and functions of corporate Chief Financial Officers (CFOs) and treasurers.

According to GTreasury, its solutions, combined with Ripple’s expertise, are all about ensuring choice and best-fit options for users. It’s something CFOs must consider, as it truly embodies the promise of providing rail-agnostic platforms for treasury managers.

ADVERTISEMENT## Delivering Real Rail-Agnostic Solutions

For context, the term “rail-agnostic” refers to a system or approach free from centralized controls It is independent from a single payment network or infrastructure provider The solutions centering on this concept ensures flexibility for clients, allowing them to use any “rail” (payment network) they want without locking them up to a specific vendor or technology.

GTreasury claimed that many companies nowadays throw in the term “rail-agnostic” rather loosely. In the end, though, their solutions are actually stealthily leading their clients to their partners.

How the Ripple-GTreasury Solutions Work

Ripple and GTreasury highlighted that they offer true rail-agnostic solutions for businesses. They don’t just open them up to multiple payment options; they also give them choices.

ADVERTISEMENTThe companies’ combined expertise of over 50 years across hundreds of institutions offers the following:

No Lock-Ins

Companies get to keep their proprietary treasury systems. Ripple and GTreasury clarified that they do nothing more than enhance their clients’ treasury connectivity, workflows, and Enterprise Resource Planning (ERP).

Customers’ Choices Matter

Ripple and GTreasury give customers ways to tailor their payment structures depending on their needs or preferences. They don’t obligate clients to replace their systems with Ripple, GTreasury, or their partners’ platforms.

Open Architecture

Customers can tap to SWIFT, ACH, other traditional wire transfer networks, and instant blockchain-based payments if they prefer. Adoption is entirely at the users’ pace.

“The best treasury transformations allow options with measurable improvements that advance your operations without unnecessary turbulence or limitations from singular and outsourced paths,” GTreasury concluded its press release.

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This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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