{"id":895969,"date":"2026-04-01T07:12:00","date_gmt":"2026-04-01T12:12:00","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/04\/01\/is-ripple-moving-away-from-xrp-the-convera-deal-raises-questions\/"},"modified":"2026-04-01T07:12:00","modified_gmt":"2026-04-01T12:12:00","slug":"is-ripple-moving-away-from-xrp-the-convera-deal-raises-questions","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/04\/01\/is-ripple-moving-away-from-xrp-the-convera-deal-raises-questions\/","title":{"rendered":"Is Ripple Moving Away From XRP? The Convera Deal Raises Questions"},"content":{"rendered":"
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\"XRP<\/figure>\n<\/div>\n
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One of the world\u2019s largest commercial payments companies just tied itself to Ripple\u2019s blockchain infrastructure, and the announcement is already dividing opinion before the ink has dried.<\/p>\n

Convera, which operates across 140 currencies and 200 countries, confirmed a strategic partnership with Ripple today to offer stablecoin-enabled cross-border payment and treasury solutions for business clients. The deal targets corridors where traditional payment rails are slow, expensive or simply unreliable.<\/p>\n

The model at the centre<\/a> of it is being called the stablecoin sandwich. Payments leave in fiat, settle via regulated stablecoins in the middle, and arrive in fiat on the other end. Convera handles the customer experience. Ripple provides the liquidity, on and off-ramping and settlement infrastructure underneath.<\/p>\n

\u201cBy partnering with Convera, we\u2019re combining trusted global payment infrastructure with stablecoin-powered settlement to give businesses more control over how and when they move value across borders,\u201d said Aaron Slettehaugh, SVP of Product at Ripple.<\/p>\n

Nobody Said XRP<\/h2>\n

Here is where it gets interesting.<\/p>\n

The announcement does not mention XRP once. It does not explicitly reference the XRP Ledger either. For a community that has spent years watching Ripple build toward exactly this kind of institutional partnership, the omission landed badly.<\/p>\n

\u201cForget no mention of XRP, they don\u2019t even explicitly state they\u2019re using the XRPL,\u201d one observer posted within minutes of the announcement going live.<\/p>\n

Crypto lawyer Bill Morgan, known for his measured takes on Ripple-related developments, noted dryly: \u201cThey didn\u2019t call it an XRP sandwich model.\u201d<\/p>\n

His earlier observation was more pointed. The partnership specifically uses regulated stablecoins at the settlement layer, not XRP. Whether that changes over time, or whether RLUSD plays a role that was simply not disclosed today, remains an open question.<\/p>\n<\/div>\n

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\n \ufeffAnjali Belgaumkar<\/p>\n","protected":false},"excerpt":{"rendered":"

One of the world\u2019s largest commercial payments companies just tied itself to Ripple\u2019s blockchain infrastructure, and the announcement is already dividing opinion before the ink has dried. Convera, which operates across 140 currencies and 200 countries, confirmed a strategic partnership with Ripple today to offer stablecoin-enabled cross-border payment and treasury solutions for business clients. The<\/p>\n","protected":false},"author":1,"featured_media":895970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23319,25213],"tags":[],"class_list":{"0":"post-895969","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-moving","8":"category-ripple"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/895969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=895969"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/895969\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/895970"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=895969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=895969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=895969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}