Payments network Thunes is doubling down on its partnership with the U.S.-based Ripple, injecting blockchain rails deeper into its global payout system. Building on a 2020 deal, Ripple’s infrastructure will now power real-time local currency settlements across 90+ markets, targeting regions where banks still move slower than the internet.
According to a press release, Thunes is leveraging blockchain and digital asset technology to enhance its network, with Ripple’s solutions driving more efficient and accessible payments for financial institutions and businesses worldwide. Ripple’s enterprise customers can now more easily withdraw funds in new currencies and countries.
With reach in 130 countries, Thunes is betting that blockchain isn’t just faster. It’s inevitable. With Ripple now embedded into its backend via Ripple Payments, the network’s infrastructure takes a definitive step beyond legacy rails.
Ripple’s platform currently supports almost a hundred payout markets, covering more than 90% of daily FX volume, and claims to have processed over $70 billion to date. This integration allows Ripple’s institutional clients to tap into local markets with greater speed and fewer intermediaries.
Chloe Mayenobe, President and COO at Thunes said, “Members across both the traditional finance space and the digital assets ecosystem connect with Thunes. We are in a prime position to bridge these two worlds and drive the future of digital assets, and our alliance with Ripple underscores this. By supporting real-time settlement, and deep local integrations, we are enabling digital asset companies to deliver seamless, compliant, and accessible cross-border payments at scale.”
Thunes is also wiring Ripple’s tech into its SmartX Treasury System, a move that blurs the line between decentralized rails and corporate-grade finance.
Fiona Murray, Managing Director, Asia Pacific at Ripple said, “We are committed to reshaping the future of global payments through blockchain technology. Our partnership with Thunes accelerates our shared mission to improve the efficiency, speed, and security of global payments.
Murray explained that by combining Thunes’ extensive and trusted Direct Global Network with Ripple’s digital asset infrastructure, they are enhancing payment speed, accessibility, and compliance across regions.
As legacy banking systems limp behind, both firms are muscling into the remittance lane with blockchain in the driver’s seat. This partnership not only facilitates seamless, low-cost transactions but also supports the growing demand for innovative, blockchain-powered financial solutions globally.
The expanded partnership puts Thunes and Ripple on a direct path to rewrite how money moves and who controls the flow.
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