VivoPower Partners with Confirmo to Offer Stablecoin Payments to its Employees and Vendors
VivoPower International (NASDAQ: VVPR), the first publicly traded company with an XRP-centric treasury strategy, has partnered with Confirmo, a leading stablecoin payment platform, to implement stablecoin-based employee payments. The partnership will enable near-instant, lower-cost payouts with enterprise-grade controls.
Through Confirmo's Payout Solution, VivoPower's employees and contractors can receive payments in stablecoins, with options to convert to USD, EUR, or GBP. The system provides role-based approvals, audit trails, and exportable reports. This initiative aligns with VivoPower's digital asset strategy, which includes accepting RLUSD, Ripple's stablecoin, for supplier and customer transactions.
VivoPower International (NASDAQ: VVPR), la prima società quotata pubblicamente con una strategia di tesoreria incentrata sull' XRP, ha stretto una partnership con Confirmo, una piattaforma leader per pagamenti in stablecoin, per implementare pagamenti ai dipendenti basati su stablecoin. La partnership consentirà pagamenti quasi istantanei e a costi inferiori con controlli di livello aziendale.
Attraverso la Payout Solution di Confirmo, i dipendenti e i collaboratori di VivoPower possono ricevere pagamenti in stablecoin, con opzioni di conversione in USD, EUR o GBP. Il sistema fornisce approvazioni basate sui ruoli, tracciabilità delle revisioni e report esportabili. Questa iniziativa è allineata alla strategia di asset digitali di VivoPower, che comprende accettare RLUSD, la stablecoin di Ripple, per transazioni con fornitori e clienti.
VivoPower International (NASDAQ: VVPR), la primera empresa cotizada pública con una estrategia de tesorería centrada en XRP, se ha asociado con Confirmo, una plataforma líder de pagos con stablecoin, para implementar pagos a empleados basados en stablecoins. La asociación permitirá pagos casi instantáneos y de menor costo con controles de nivel empresarial.
A través de la Solución de Pagos de Confirmo, los empleados y contratistas de VivoPower pueden recibir pagos en stablecoins, con opciones de conversión a USD, EUR o GBP. El sistema ofrece aprobaciones basadas en roles, trazabilidad de auditoría y informes exportables. Esta iniciativa se alinea con la estrategia de activos digitales de VivoPower, que incluye aceptar RLUSD, la stablecoin de Ripple, para transacciones con proveedores y clientes.
VivoPower International (NASDAQ: VVPR)은 XRP 중심의 자금 관리 전략을 가진 최초의 상장 회사로, 선도적인 스테이블코인 결제 플랫폼 Confirmo와 협력하여 직원 급여를 스테이블코인으로 지급하는 시스템을 구현합니다. 이 파트너십은 거의 즉시 지급과 비용 절감의 엔터프라이즈급 제어를 가능하게 합니다.
Confirmo의 Payout Solution을 통해 VivoPower의 직원과 계약자는 스테이블코인으로 급여를 받고, USD, EUR 또는 GBP로의 전환 옵션이 있습니다. 이 시스템은 역할 기반 승인, 감사 추적, 내보내기 가능한 보고서를 제공합니다. 이 이니셔티브는 공급업체 및 고객 거래를 위한 Ripple의 스테이블코인인 RLUSD를 수용하는 VivoPower의 디지털 자산 전략과 일치합니다.
VivoPower International (NASDAQ: VVPR), la première société cotée en bourse à adopter une stratégie de trésorerie axée sur le XRP, a noué un partenariat avec Confirmo, une plateforme de paiement stablecoin de premier plan, pour mettre en œuvre des paiements aux employés basés sur des stablecoins. Le partenariat permettra des paiements quasi instantanés et à coût réduit avec des contrôles de niveau entreprise.
Grâce à la solution de paiement de Confirmo, les employés et les contractuels de VivoPower peuvent recevoir des paiements en stablecoins, avec des options de conversion en USD, EUR ou GBP. Le système offre des approbations basées sur les rôles, des pistes d’audit et des rapports exportables. Cette initiative s’aligne sur la stratégie d’actifs numériques de VivoPower, qui prévoit d’accepter RLUSD, la stablecoin de Ripple, pour les transactions avec les fournisseurs et clients.
VivoPower International (NASDAQ: VVPR), das erste börsennotierte Unternehmen mit einer XRP-zentrierten Treasury-Strategie, hat eine Partnerschaft mit Confirmo, einer führenden Stablecoin-Zahlungsplattform, geschlossen, um stabile Coin-basierte Gehaltszahlungen für Mitarbeiter umzusetzen. Die Partnerschaft ermöglicht nahezu sofortige, kostengünstige Auszahlungen mit unternehmensstarken Kontrollen.
Durch Confirmos Payout Solution können VivoPower-Mitarbeiter und -Auftragnehmer Zahlungen in Stablecoins erhalten, mit Optionen, in USD, EUR oder GBP umzuwandeln. Das System bietet rollenbasierte Genehmigungen, Prüfpfade und exportierbare Berichte. Diese Initiative steht im Einklang mit VivoPowers Digital-Asset-Strategie, zu der die Annahme von RLUSD, Ripple's Stablecoin, für Transaktionen mit Lieferanten und Kunden gehört.
VivoPower International (NASDAQ: VVPR)، هي أول شركة مدرجة علنًا تعتمد استراتيجية خزينة مركزة على XRP، وقد تقوّمت شراكة مع Confirmo، منصة الدفع بالعملة المستقرة الرائدة، لتنفيذ مدفوعات للموظفين قائمة على العملة المستقرة. ستتيح الشراكة سدادًا شبه فوري بتكاليف أقل مع ضوابط بمستوى الشركات.
من خلال حل الدفع من Confirmo، يمكن لموظفي VivoPower والمتعاقدين تلقي المدفوعات بالعملة المستقرة، مع خيارات للتحويل إلى USD أو EUR أو GBP. يوفر النظام موافقات قائمة على الأدوار، ومسارات تدقيق، وتقارير قابلة للتصدير. تتماشى هذه المبادرة مع استراتيجية أصول VivoPower الرقمية التي تتضمن قبول RLUSD، العملة المستقرة الخاصة بـ Ripple، للمعاملات مع المزودين والعملاء.
VivoPower International (NASDAQ: VVPR),是首家采用以 XRP 为核心的财政策略的公开交易公司,已与领先的稳定币支付平台 Confirmo 建立伙伴关系,实施基于稳定币的员工支付。该伙伴关系将实现几乎即时、成本更低的支付,并具备企业级控制。
通过 Confirmo 的 Payout Solution,VivoPower 的员工和承包商可以以稳定币收款,并可选择兑换为 USD、EUR 或 GBP。该系统提供基于角色的批准、审计跟踪和可导出的报告。该计划与 VivoPower 的数字资产策略保持一致,该策略包括接受 Ripple 的稳定币 RLUSD,用于供应商和客户交易。
- Implementation of near-instant, lower-cost payment system for employees and contractors
- Reduction in traditional wire transfer fees and delays for global payments
- Enhanced payment efficiency with 24/7 cross-border settlements
- Integration of enterprise-grade controls and audit capabilities
- Potential volatility and regulatory risks associated with cryptocurrency-based payments
- Dependency on emerging stablecoin technology and infrastructure
Insights
VivoPower's partnership with Confirmo introduces stablecoin payments, potentially reducing costs and increasing efficiency for global operations.
VivoPower's new partnership with Confirmo represents a significant operational upgrade for the NASDAQ-listed company's payment infrastructure. As the first publicly traded company with an XRP-centric treasury strategy, VivoPower is now extending its blockchain adoption beyond just holding digital assets to practical business applications.
The implementation of Confirmo's stablecoin payment platform addresses several pain points in traditional cross-border payments: high fees, processing delays, and reconciliation challenges. For a company operating globally, including in developing markets, these friction points can substantially impact operational efficiency and employee satisfaction.
The solution offers near-instant settlements while maintaining enterprise-grade controls—a critical requirement for public companies. The technology provides role-based approvals and audit trails, ensuring compliance while modernizing payment infrastructure. Employees will have options to receive payments in stablecoins with conversion flexibility to major currencies.
Beyond immediate payroll applications, this partnership aligns with VivoPower's broader digital asset strategy, including their recent announcement accepting RLUSD (Ripple's stablecoin) for supplier and customer transactions. This systematic approach suggests the company is pursuing blockchain technology as a strategic advantage rather than merely as an investment vehicle.
For enterprises with global operations, traditional wire transfers typically cost $25-50 per transaction and can take 3-5 business days to settle. Stablecoin-based systems potentially reduce these costs by 70-90% while settling in minutes rather than days. This efficiency could translate to meaningful operational improvements for VivoPower if implemented at scale.
Confirmo is a leading global stablecoin payment platform; its stablecoin-based on-chain solution integrates seamlessly with off-chain architecture
Partnership is consistent with VivoPower’s digital asset strategy, which encompasses utility
London, Sept. 18, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR), the first publicly traded company in the world with an XRP-centric treasury strategy, and Confirmo, the leading global stablecoin payment platform, today announced a definitive partnership to power stablecoin-based employee payments. The program is designed to deliver near-instant, lower-cost payouts with enterprise-grade controls and will serve as the foundation for broader treasury and B2B payment use cases.
Anna Štrébl, Chief Executive Officer of Confirmo, said: “Stablecoins are finally mature enough to operate in the background as real payment infrastructure. Our role in this partnership is to make the crypto disappear, and ensure employees get paid faster, finance teams reconcile cleanly, and VivoPower gains predictable, 24/7 cross-border settlements.”
Under the agreement, VivoPower will provide employees and contractors of its businesses with the choice to use Confirmo’s Payout Solution, which sends payroll and contractor disbursements in stablecoins, with optional conversion to US dollars, Euros, or British pounds. Confirmo will provide role-based approvals, audit trails, and exportable reports to streamline VivoPower’s operations.
Kevin Chin, Executive Chairman at VivoPower, said: “As with many enterprises that do business globally, including across developing nations, we have experienced first-hand the repeated frustration of delays and high fees with traditional wire transfer-based payments. Our desire to remedy these issues, particularly when they affect payroll, led us to Confirmo. Speed, cost efficiency, and global reach are the reasons we have signed this partnership with them. Confirmo gives us a practical way to modernize payouts without disrupting our finance stack, and they have been responsive to the enterprise controls we need as a public company. This partnership is consistent with our overall digital asset strategy, which goes beyond buying and holding XRP, but also seeks to utilize blockchain technology across our businesses.”
VivoPower recently announced that it would be accepting RLUSD, Ripple’s stablecoin for transactions between suppliers and customers. Beyond payroll, VivoPower and Confirmo will explore adjacent use cases where stablecoins, including RLUSD can reduce friction compared to traditional payment rails.
About Confirmo
Confirmo is a stablecoin payment platform that makes global payments fast, cost-effective, and effortless. Businesses use Confirmo for invoicing, checkout, and mass payouts, settling in leading stablecoins across major chains, with optional fiat conversion and accounting-ready reporting. Founded in 2014, Confirmo serves 500+ clients across e-commerce, prop trading, forex, payroll, and other payment-intensive industries, processing
About VivoPower
VivoPower International PLC (NASDAQ: VVPR) is a sustainability-driven enterprise undergoing a digital treasury transformation. The Company’s new direction centers on the acquisition, management, and long-term holding of XRP digital assets as part of a diversified digital treasury strategy. Through this shift, VivoPower aims to contribute to the growth and utility of the XRP Ledger (XRPL) by supporting decentralized finance (DeFi) infrastructure and real-world blockchain applications.
Originally founded in 2014 and listed on Nasdaq since 2016, VivoPower operates with a global footprint spanning the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia. An award-winning global sustainable energy solutions B Corporation, VivoPower has two business units, Tembo and Caret Digital. Tembo is focused on electric solutions for off-road and on-road customized and ruggedized fleet applications as well as ancillary financing, charging, battery and microgrids solutions. Caret Digital is a power-to-x business focused on the highest and best use cases for renewable power, including digital asset mining.
Forward-Looking Statements
This communication includes certain statements that may constitute "forward-looking statements" for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterisations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower's management's current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower's business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower's filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.
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