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Crypto

American Airlines surprised by efficiency gains after adopting Ripple solution

American Airlines said operational efficiency improved more than expected after adopting Ripple\'s enterprise finance solution, Ripple Treasury. The carrier said it unified previously dispersed finance management tasks on a single platform, increasing cash visibility and automation and allowing staff to focus on other priorities. It reported global cash visibility rose from about 65 to 99 and automated accounting from about 50 to 90, saving up to 20 percent of finance team time.

Crypto

Ripple unveils Ripple Treasury for corporates to manage fiat and crypto in one platform

Ripple unveiled new features for Ripple Treasury to let corporate finance teams manage fiat currency and digital-asset liquidity on a single platform in real time. CEO Brad Garlinghouse (브래드 갈링하우스) said the product links digital assets into existing workflows in a regulated way and reduces inefficiencies in managing fiat and digital accounts. Ripple added Digital Asset Accounts and Unified Treasury, showing balances and real-time values, and enabling API links to multiple custody institutions.

Crypto

Ripple CEO says stablecoins will bring crypto \'ChatGPT moment\'

Ripple CEO Brad Garlinghouse (브래드 갈링하우스) says stablecoins will become crypto’s “ChatGPT moment” as companies look for faster and more efficient payments. He says Fortune 500 and other global firms are discussing stablecoin use with finance chiefs. Bloomberg Intelligence forecasts stablecoin transaction volume will rise 80 percent a year to $56.6 trillion by 2030. The market is led by Tether and Circle, while Ripple has launched RLUSD.