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Ripple and its cryptocurrency XRP is trying to take control of the global payment system that has been outmoded for over forty years.
Right from the start, Ripple aimed to revolutionize the financial sector by making it easier to process cross-border payments in the remittance sector as well.
After the end of the crypto-frenzy of 2017, the price of XRP has reached the lows that led investors to cash out. But the vision of the platform remained the same.
Ripple has announced 200 collaborations with financial institutions and banks that justify the fervor.
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