What Ripple does: Ripple provides enterprise blockchain-enabled financial services that speed up payments and improve cash management. How it works: its platform, built on blockchain and cryptocurrency, enables real-time settlement, liquidity management, working-capital access, and instant payments for financial institutions, enterprises, and governments, including the ability to source crypto assets and manage treasury via a single platform. How it differs: it focuses on scalable, secure CBDC implementations and government partnerships (e.g., Palau) to deliver central-bank-grade digital currencies, alongside proven faster remittances and lower costs from clients like Nium and Tranglo. Its goal: help clients move money faster, more transparently, and at lower cost, while expanding access to digital currencies and CBDCs.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$1.1B
Headquarters
San Francisco, California
Founded
2012
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Ripple has integrated XRP into Stripe's Machine Payments Protocol, enabling AI agents to conduct automated transactions without human input. The integration uses XRP for streaming micro-payments because RLUSD cannot yet handle that function until a future ledger upgrade with no announced date. The update, version 1.1 of the XRPL AI Starter Kit, supports the Machine Payments Protocol and Open Wallet Standard. This allows AI agents to request transactions within predetermined spending limits and approved destinations set by account owners, using XRP Ledger 3.3.0's Permission Delegation feature. The integration remains in beta with no live commercial volume. Circle announced a competing solution with its Arc blockchain the day before Ripple's announcement, creating competition in the AI agent payment infrastructure space.
More than 135,000 AI agents have applied for credit through t54 Labs' Claw Credit, with over $500,000 extended so far. The product gives AI agents small spending limits for services like data, APIs and computing power, allowing them to transact autonomously without users pre-funding wallets or approving every purchase. Claw Credit is powered by t54's Trustline risk engine, which evaluates an agent's identity, spending behaviour and repayment record. Agents start with controlled limits that can increase with reliable repayment or be reduced if they fail to repay. t54 has also built payment infrastructure that has governed more than 20 million AI agent-initiated transactions without requiring human approval. The company raised $5 million in seed funding led by Anagram, PL Capital and Franklin Templeton.
Ripple adds XRP Ledger support to Stripe and Tempo AI payment Protocol. September 17, 2026 Ripple has updated its XRP Ledger AI Starter Kit to support the Machine Payments Protocol, an open payment standard co-authored by Stripe and blockchain network Tempo for transactions between AI agents and online services. Version 1.1 of the XRPL AI Starter Kit adds MPP support alongside the Open Wallet Standard, allowing developers to build applications in which AI agents can make payments through the XRP Ledger. The update supports XRP for single and session payments, while RLUSD and other issued assets can be used for eligible single transactions. The release is aimed at developers building applications that allow software agents to pay for APIs, data, computing resources and other digital services. The integration does not mean XRP has been added to Stripe's regular payment products; instead, XRPL is now supported as a settlement option within the open MPP standard. Ripple adds XRPL support to Machine Payments Protocol. RippleX released version 1.1 of the XRPL AI Starter Kit with support for MPP, adding the XRP Ledger to a payment standard developed by Stripe and Tempo. According to the RippleX developer announcement, MPP allows a service to return an HTTP 402 payment request to an AI agent, after which the agent can authorize payment and receive the requested resource. The update supports two payment modes through XRPL. For individual charges, developers can use XRP, issued tokens and other supported assets. XRP can also be used for session payments through XRPL Payment Channels, where an agent can make repeated payments while using a service without recording every individual payment directly on the ledger. RippleX said the payment-channel approach allows payment claims to be signed off-chain before the accumulated amount is settled. The toolkit also adds support for the Open Wallet Standard, which provides a common interface for software to interact with wallets across different blockchain networks. RippleX said the standard can allow agents to request transactions without directly handling private keys, while developers can apply controls such as spending limits and approved destinations. The release follows Ripple's June launch of the XRPL AI Starter Kit, which initially focused on X402-based payments using XRP and RLUSD. The latest update adds MPP alongside that existing support rather than replacing it. The MandoCT post describes the MPP integration as a development for XRP, while other posts supplied by the manager discuss the update and its potential use for AI-agent payments. For now, the software remains in beta. Ripple's developer documentation does not identify commercial customers using the new MPP integration or provide transaction volumes associated with it. That means the release represents developer infrastructure being made available rather than evidence of widespread commercial use. AI agents can use XRP for automated digital service payments. MPP is designed around a relatively simple payment process. An AI agent can request a resource from a service, API or other internet-accessible endpoint. The service can respond with a payment request, and the agent can authorize the required transaction before receiving the resource. Stripe introduced MPP with Tempo in March as an open standard intended to let software agents make payments programmatically. The Stripe announcement describes MPP as a way for agents and services to coordinate payments without requiring the agent to follow a conventional account and checkout process. Stripe's current machine payments documentation lists use cases including API calls, data and other services. The addition of XRPL gives developers using MPP another settlement network to consider. For a single payment, an agent can use XRP or supported issued assets such as RLUSD. XRP is also currently used for XRPL Payment Channels, which can support repeated payments during a service session. RippleX said stablecoin support for those payment channels depends on a proposed future XRPL upgrade. The distinction between XRP and RLUSD is relevant because they serve different roles in the current implementation. XRP can be used for both individual payments and payment-channel sessions, while RLUSD is currently supported for single payments. The RippleX documentation says future changes could extend stablecoin support to payment channels. The wider significance remains dependent on developer adoption and whether applications built around MPP move into broader commercial use. For now, the release adds XRPL support to an existing machine-payment standard and gives developers another option for handling automated payments between AI agents and digital services. Mayank Kumar is a crypto journalist and content writer with a strong interest in cryptocurrency, blockchain, and the evolving Web3 ecosystem. He focuses on delivering timely news, market insights, and industry developments in a clear and engaging manner. At NameCoinNews, Mayank contributes coverage across cryptocurrency markets, blockchain innovation, and the latest digital asset trends, helping readers stay informed in the fast-moving crypto landscape.
Visa, Circle back stablecoin startup Velocity in $48m round. Velocity, a London-based startup that builds stablecoin infrastructure for banks and payment firms, has raised another US$10 million from investors including Visa, Circle, and Ripple, extending its series A round to US$48 million. It followed a US$38 million series A announced in July. CEO Eric Queathem said the new funding values Velocity at US$200 million post-money. Velocity said its platform helps banks and payment companies use stablecoins for settlement, liquidity, and treasury operations without replacing existing systems. The company has also partnered with Prove on identity and trust infrastructure. The funding comes as UK regulators have outlined an approach to regulating systemic stablecoin issuers used in payments. Visa has also launched stablecoin settlement in the US as part of efforts to integrate the assets into existing payment rails. Recent Velocity developments. Stay updated on the go with our mobile app. Get latest insights with smoother, more personalized experience through TIA mobile app. How would you feel if you could no longer use Tech in Asia? Share, tag us, and land on our Wall of!
Stablecoin payments startup Velocity raised another $10 million from investors including Visa (V), Circle (CRCL) and Ripple, extending a Series A that now totals $48 million as financial