Confirmation of Ripple and Tas integration while XRP liquidity rose significantly

"Ripple is coming … and TAS is ready!" The Tas website says. It is confirmed that Ripple and the software solutions provider are working together as stated: "Ripple is a" global and neutral settlement system "for bilateral settlement and exchange." In the meantime, XRP liquidity gains considerable momentum as portfolios and exchanges offer support.

Ripple and Tas work together

According to the Tas Group website, it is working with Ripple. In its Real Time Settlement System section, we read: "Ripple is coming … and TAS is ready!"

The software solution provider "serves the main commercial and central banks and the main financial services centers in Italy and in Europe and the main global Fortune 500 broker-dealers."

In its one-page, it shares the absence of a "Global Settlement System" for cross-border transactions that is further compressed with high transaction fees, costly reserve requirements, the risk of multiple bankruptcy points, lack of visibility and a single FX provider employing 2+ days to settle.

And it is here that Ripple enters the framework that provides a "global and neutral settlement system" for bilateral settlement and exchange. Free to use, implies a 100% direct processing, total visibility which means greater compliance and a competitive market where resources are not required and take 5 seconds to settle down.

Present in 7 countries and over 150 customers worldwide, Tas manages over 100 million cards internationally. The largest payment carrier across Europe, Tas has apparently been working with Ripple since 2004 as shared in the XRP chat. However, the integration with Ripple now specified on its website, Tas confirmed the collaboration.

XRP Liquidity gets a Swift Kick

Meanwhile, XRP constantly adds liquidity. From today, you will get an even bigger boost, shared by the passionate XRP Leonidas on Twitter:

From Monday
1 payment platform @advcash
9 exchanges @OKEx @CMCMarkets @GDAC @CGCXofficial @XDAEX_COM @TradeMnOfficial @coinzocom @blockportio @Tokocrypto
4 portfolios @atomicwallet @eToro @SpendCard @Trezor
1 loan provider @ihaveCred
and it's still Thursday$ XRP #XRPcommunity

– Leonidas (@LeoHadjiloizou) November 8, 2018

Another addition is Belfrics, which is a global cryptographic exchange and currently operates in 7 countries. The XRP enthusiast Leonida shares further on Twitter, "He is offering $ XRP TZS (Tanzanian Shilling) USD NGN KES (Kenyan Shilling) BTC pairs.The total XRP fiat pairs I know are now 44".

XRP liquidity is getting a continuous boost with listings, more trading pairs and traction as a base currency. At the time of writing, XRP was trading at $ 0.5035.

Summary

Item name

Confirmation of Ripple and Tas integration while XRP liquidity rose significantly

Description

"Ripple is coming … and TAS is ready!" The Tas website says. It is confirmed that Ripple and the software solutions provider are working together as stated: "Ripple is a" global and neutral settlement system "for bilateral settlement and exchange." In the meantime, XRP liquidity gains considerable momentum as portfolios and exchanges offer support.

Author

Achal Arya

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Coingape

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