Paying company Convera and Ripple have reached a strategic partnership to launch a cross-border payment solution based on stablecoins. News from Gate, March 31 — Convera and Ripple will collaborate to provide payment and fund management solutions supporting cryptocurrencies. The partnership is based on the "stablecoin sandwich" settlement model, where the payment process begins and ends with fiat currency, and the intermediate steps use regulated stablecoins for settlement. According to the agreement, Convera is responsible for coordinating the end-to-end payment experience, while Ripple provides liquidity support, on/off ramps, and infrastructure for cross-border settlement.