Earlier Ripple Partnership Expands Into Live USD Payment Infrastructure
Caleb & Brown, a leading cryptocurrency brokerage managing more than $2 billion in digital assets, announced on June 25 that it has integrated Ripple Payments to support faster U.S. dollar withdrawals for clients. The rollout expands an earlier partnership between the companies by bringing Ripple’s payment network into the brokerage’s operational infrastructure for fiat transfers.
Digital asset markets operate around the clock, while U.S. dollar transfers still rely on traditional banking hours. Caleb & Brown said integrating Ripple Payments streamlines the movement of funds between its brokerage platform and bank accounts, helping reduce withdrawal delays for clients.
Jake Boyle, Chief Commercial Officer at Caleb & Brown, said:
“Ripple Payments bridges the innovation and speed of the crypto industry with the reality that the US dollar and traditional banking system still exist.”
Ripple Payments now supports live USD transfers within Caleb & Brown’s brokerage platform, reducing friction during the withdrawal process. Boyle first disclosed the rollout on Jan. 30 in a post on X, noting that clients could expect faster turnaround times on fiat withdrawals.
Caleb & Brown Targets Broader Platform Improvements
Caleb & Brown said it will continue investing in technology that simplifies buying, selling, storing, and withdrawing digital assets. Ripple Payments is designed for domestic and cross-border payments, using blockchain-based infrastructure to support settlement between financial institutions and digital asset platforms.
The brokerage’s relationship with Ripple extends beyond branding and now includes payment infrastructure supporting fiat settlement. The integration uses Ripple’s payment network, which can leverage XRP as a bridge asset in certain payment flows, depending on the transaction corridor and liquidity requirements.
Caleb & Brown stated:
“Caleb & Brown will continue investing in systems that make buying, selling, storing, and withdrawing digital assets simpler, faster, and more reliable for clients.”
The latest deployment reflects the company’s continued expansion of operational infrastructure alongside its brokerage business. Founded in 2016, Caleb & Brown provides brokerage services for hundreds of digital assets through dedicated brokers serving clients in multiple jurisdictions.