Payment company Convera establishes a new strategic partnership with Ripple to offer crypto-supported payment and fund management solutions for enterprises

Foresight News reports that payment company Convera has formed a new strategic partnership with Ripple, aiming to provide enterprises with payment and funds management solutions that support cryptocurrency. The collaboration is based on a "stablecoin sandwich" settlement model, where payments begin and end with fiat currency, and regulated stablecoins are used for settlement in between. Convera coordinates the end-to-end payment experience, while Ripple supplies liquidity, on/off-ramp channels, and cross-border settlement infrastructure.