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Ripple Launches Around-the-Clock Returns Feature for Corporate Treasury Clients

(2 hours ago) · 1 source · Summarized by CryptoBipto

Ripple has introduced a 24/7 returns feature available to eligible corporate treasury clients. The service is designed to allow businesses to earn returns on their treasury holdings continuously, rather than being limited to traditional banking hours.

WHY IT MATTERS

Corporate treasuries are the departments within companies that manage the organization's money, deciding where to keep cash and how to make it work. Traditionally, earning returns on that cash, such as through interest, is limited to regular banking hours and business days. Ripple is offering a feature that works around the clock, similar to how a vending machine is always available compared to a store with set hours. For people new to crypto, this is an example of how blockchain-related companies are trying to offer financial services that improve on the limitations of the traditional banking system, particularly for business customers.

Ripple, the company behind the XRP Ledger and various enterprise payment solutions, has announced a new feature aimed at corporate treasury management.

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