Vivopower is all-in on blockchain wage lists and XRP-driven treasury trails and uses confirmigo stablecoin technology to streamline global payments, oblique costs and to eliminate wire retractions.
Vivopower Taps attach to Power Stablecoin Payroll and Global B2B payments
Vivopower International PLC (Nasdaq: VVPR) announced on 18 September that it entered into a partnership with confirmigo, a worldwide Stablecoin payment platform, to introduce blockchain-based payroll and supplier payments. The companies explained:
The program is designed to deliver near-instant, cheaper payouts with enterprise-grade checks and will serve as the basis for wider treasury and B2B payment uses.
Employees and contractors will have the option to be paid in Stablecoins with the possibility of converting in US dollars, euros or British pounds, while the confirmigo audit paths system will offer roles -based approvals and reporting to support financial supervision.
Confirmo’s Chief Executive Officer, Anna Štrébl, Stressed the Role of Digital Assets in Streamlining Operations, Stating: “Stablecoins Are Finally Mature Enough to Operate In The Background As Real Payment Infrastructure. Our Rolear in This Partnership Employees Get Paid Faster, Finance Teams Reconcile Cleanly, and Vivopower Gains Predictable, 24/7 Cross-border Settlements. ” Vivopower’s Executive Chairman, Kevin Chin, linked the initiative to the company’s digital treasury roadmap:
This partnership is consistent with our general strategy for digital assets, which goes beyond buying and keeping XRP, but also tries to use Blockchain technology in our companies.
He emphasized that inefficiencies in traditional wire transfers – especially delays and high costs – had created a strong need for modernized settlement processes.
The collaboration will also extend to Treasury and B2B transactions, including the use of RLUSD, Ripple’s Stablecoin, for suppliers and customer bricks. Vivopower has tied its strategy to an XRP-centric treasury model, while contributing to the XRP Ledger (XRPL) ecosystem via decentralized financial and real-world blockchain applications. The subsidiaries, Tembo and Caret Digital, also strive for blockchain integration to supplement their focus on sustainability-driven solutions. Confirmigo, which processes more than $ 60 million in monthly payments for 500 customers worldwide, adds infrastructure that supports the shift from Vivopower to efficient, cost -effective international payments. Although digital assets are confronted with control over regulatory and market risks, Stablecoins and XRP-linked applications offer companies practical alternatives for older financial rails.