VivoPower Partners with Confirmo to Offer Stablecoin Payments to its Employees and Vendors
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, September 18, 2025 — 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 stablecoinfor
transactions between suppliers and customers. Beyond payroll, VivoPower andConfirmo
will explore adjacent use cases where stablecoins, including RLUSD canreduce 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 $60M+ per month.
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.
Media Contacts
VivoPower: [email protected]
Confirmo: [email protected]
