🏦 Ripple launches Ripple Treasury: On-chain, real-time enterprise Treasury system
Ripple officially puts Ripple Treasury into operation, allowing businesses to manage capital, payments, and disbursements in real-time, eliminating delays like traditional banks.
The platform has already processed:
• 💸 On-chain payments
• ⚡ Real-time cash deployment
• 🪙 Token disbursements across multiple jurisdictions
According to Reece Merrick (Regional Director MENA of Ripple), Ripple Treasury is built around 5 key pillars:
1️⃣ A dashboard – all assets
• Combine fiat + crypto into one dashboard
• Track USD, EUR, XRP, RLUSD simultaneously
• Real-time data updates, no need for batch files or spreadsheets
2️⃣ Instant, cross-border payments
• Send money to suppliers & internally in just seconds
• Not dependent on banking business hours
• ❌ No intermediaries – ❌ no waiting for reconciliation
3️⃣ Elimination of pre-funding
• Businesses only transfer money when needed
• No need to “lock up capital” in foreign accounts
• Freeing up millions of USD in trapped liquidity
4️⃣ Automated idle cash management
• Surplus balances are:
• Transferred to short-term instruments
• Or configured to generate returns based on rules
• 🤖 Fully automated, no manual intervention required
5️⃣ Support for token payments from the start
• Processing RLUSD
• Treasury actions based on smart contracts
• Disbursements when qualified, no custom code needed