SAN FRANCISCO – ( BUSINESS WIRE ) – Ripple Labs Inc., supplier of the main corporate blockchain
solutions for payments and XRP II, LLC, issues the following statement
R3 HoldCo LLC, R3 LLC, Ripple Labs Inc. and XRP II, LLC announce that
have reached an agreement on all outstanding disputes between
parties. The terms of the agreement will remain confidential and both
the sides do not see the time to put these disputes behind them.
Information on Ripple
Ripple offers a frictionless experience to send money globally using
the power of the blockchain. Join the growing global Ripple network,
financial institutions can process their customers' payments everywhere
the world at the same time, in a reliable and convenient way. Banks and payment
suppliers can use the XRP digital asset to further reduce costs
and access new markets. With offices in San Francisco, New York, London,
Luxembourg, Mumbai, Singapore and Sydney, Ripple has more than 100
customers all over the world.