Gate News message, March 31, payment company Convera reached a strategic cooperation with Ripple, which will provide enterprises with support for cryptocurrency payment and treasury management solutions. This cooperation is based on the “stablecoin sandwich” settlement model, where the payment process begins and ends in fiat currency, and settlement is carried out in regulated stablecoins in the middle. According to the cooperation agreement, Convera is responsible for coordinating the end-to-end payment experience, while Ripple provides liquidity support, channel on/offboarding, and the infrastructure for cross-border settlement.
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