At the heart of Ripple are three-poster products that executives say will push Ripple's software solutions to the mainstream. Unlike xVia: the payment access and xCurrent solution that addresses Ripple in payment processing is xRapid. According to supporters, the implementation of xRapid must undoubtedly attract an additional demand for XRP, the liquidity instrument. This is because the solution uses the token for their instantaneous cross-border and economic payment and represents the general objective of the very existence of Ripple as a company.
xRapid Launch in a Month
Now, good news xRapid is ready for launch in the coming months according to Sagar Sarbhai, head of regulatory relations in the Middle East and Asia-Pacific. Speaking with CNBC, the executive said he was confident that in the coming month or so, supporters should expect good news as the company prepares to launch the live production of xRapid.
" I am very confident that in the next a month or so you will see some good news coming up where we launch the product live in production "
Ripple presents itself as the best alternative for a convenient and convenient cross-border payment solution. To actualize this goal, the company has been at the forefront of several conferences, webinars and meetings the benefits that the adopting companies are amassing if they adopt the healthy Ripple package.
Ripple Building an ecosystem around xRapid
Recently, it has been shown that companies using XRP, for example, could save between 40 and 70 percent of the total cost. Apart from the rapid settlement and almost negligible costs. For this reason, the company is gearing up to build an ecosystem around the use of xRapid and XRP.
As reported by RippleCoinNews, a network of exchanges between Bitso of Mexico, Coins.Ph of the Philippines and Bittrex of the United States would give way to this cross-border movement between the three countries with XRP acting as an intermediary providing the greatest fluidity necessary for regulation.