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 modernise 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 use 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 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 centres
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.