A New Partnership Announcement from Ripple! There are Details for Turkey too!

Crypto partnership news continues to come in the crypto sector. In this regard, the latest news came from Ripple (XRP).

Continuing to expand its network, Ripple announced a partnership with financial infrastructure provider OpenPayd.

Accordingly, Ripple announced that it has partnered with the financial infrastructure provider OpenPayd to improve access to fast and compliant cross-border payments on X.

With this partnership, OpenPayd will support the conversion of payments coming through Ripple into Euro (EUR) and British pounds (GBP).

Ripple's USD-backed stablecoin RLUSD will also utilize OpenPayd's stablecoin infrastructure in its burn and issuance processes. OpenPayd will provide direct minting and burning capabilities for Ripple USD (RLUSD).

The official statement indicated that cross-border payments could be much faster and lower cost with the partnership between Ripple and OpenPayd.

OpenPayd, founded by Turkish businessman Ozan Özerk, is based in London and operates in Turkey, Bulgaria, Malta, France, and the USA.

Ripple and @OpenPayd are expanding access to fast, compliant cross-border payments.

With Ripple Payments now supported by OpenPayd’s real-time EUR and GBP rails, and direct RLUSD minting and burning, enterprises can seamlessly move between fiat and…

— Ripple (@Ripple) July 2, 2025