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.
Read the full analysis with a CryptoBipto membership
Members can read the full analysis of every story, not just the headline.
Get startedSOURCES
- newsbtc.com
RELATED
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.
