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- Ripple is working to revolutionize the global financial system.
- "Exchange Crypto Bittrex, Bitso, Coins.ph and Bitstamp will use the software solution to increase payments …"
Ripple is among the many blockchain companies that are working to revolutionize the global financial system. For Ripple, this begins by ensuring the existence of a cost-effective method for cross-border credit transfers and other micro-payments. For this reason, the company launched the xRapid payment solution in the last quarter of 2018.
A recent report has shown that the XRP-based solution is constantly gaining traction with at least 12 partners already registered to plan xRapid's integration or have already completed integration. Some of these companies according to The Daily Hodl include "crypto exchange Bittrex, Bitso, Coins.ph and Bitstamp will use the software solution to increase payments between the United States and the Philippines, the United States and Mexico".
During last year's launch, the company said that Cuallix, Mercury FX and Catalyst Corporate Credit Union Union had already committed to implementing xRapid; a payment solution that would have been used to increase customer satisfaction by ensuring transfers of almost instantaneous international funds. In addition to those, the virtual currencies SBU, IDT, Viamerica, Send Friend and Butrue have switched the integration of xRapid.
Elsewhere in the market:
Update of the cryptocurrency market: Crypto task force announced by the New York legislature
Bitcoin price rejected at $ 3,900; will the 50 SMAs remain?
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