Caleb & Brown adds Ripple Payments for faster USD withdrawals

Caleb & Brown integrated Ripple Payments into its brokerage platform on June 25 to enable faster U.S. dollar withdrawals and reduce the time it takes for clients to move funds between the brokerage and their bank accounts.

The brokerage, which manages more than $2 billion in digital assets, said the deployment expands an earlier partnership with Ripple by adding live USD payment infrastructure to its fiat transfer operations.

Caleb & Brown noted that digital asset markets trade around the clock while U.S. dollar transfers remain tied to traditional banking hours, which can create delays for clients withdrawing fiat. The firm described the integration as a way to streamline transfers and lower withdrawal friction.

Ripple Payments supports both domestic and cross-border transfers using blockchain-based settlement rails between financial institutions and digital asset platforms. Depending on the payment corridor and available liquidity, the network can use XRP as a bridge asset in certain flows. Caleb & Brown confirmed Ripple Payments now supports live USD transfers on its platform.

Jake Boyle, chief commercial officer at Caleb & Brown, wrote on X on Jan. 30 that “Ripple Payments bridges the innovation and speed of the crypto industry with the reality that the US dollar and traditional banking system still exist.” The June 25 announcement marks the broader operational integration of Ripple’s payment services into the brokerage’s systems.

The brokerage said it will continue investing in technology to simplify buying, selling, storing and withdrawing digital assets. Caleb & Brown noted the relationship with Ripple has moved from a branding partnership to one that includes payment infrastructure for fiat settlement.

Founded in 2016, Caleb & Brown provides brokerage services for hundreds of digital assets through dedicated brokers serving clients in multiple jurisdictions. Ripple’s rails can settle transfers faster than traditional correspondent banking in many corridors, though exact speed and cost vary by corridor and liquidity. The firm said the integration is intended to align its fiat operations more closely with the round-the-clock pace of crypto markets and to reduce delays that stem from bank processing windows.