Caleb & Brown Integrates Ripple Payments for Faster USD Withdrawals, Managing $2 Billion in Assets

Caleb & Brown, an Australian crypto brokerage managing over $2 billion in client assets, has integrated Ripple Payments into its infrastructure to accelerate U.S. dollar withdrawals, replacing portions of traditional correspondent banking processes. According to Jake Boyle, Chief Commercial Officer at Caleb & Brown, the partnership addresses the industry's challenge of bridging blockchain-speed digital asset transfers with slower legacy fiat settlement systems. "Ripple Payments bridges the innovation and speed of the crypto industry with the reality that the US dollar and traditional banking system still exist," Boyle said. The integration enables faster and more efficient USD settlement while maintaining compatibility with existing financial infrastructure, improving the overall customer experience for digital asset withdrawals.
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