RippleNet Spans Over 300 Customers Across Six Continents

2019-11-8 05:00

RippleNet continues to grow and expand. In a new blog post, Ripple confirms there are now over 300 customers making use of this technology. 

Ripple is not a traditional cryptocurrency company. Their focus lies in the financial sector. Underpinning products, such as RippleNet and On-demand Liquidity, cater to traditional financial service providers.

RippleNet Trucks Along Nicely

According to the company, RippleNet continues to gain traction. So much even that it now spans over 300 customers worldwide.

Additionally, there is a tenfold increase in yearly transactions over this network. That in itself confirms the potential of this service has gained a lot more recognition. 

The commercialization of On-Demand Liquidity plays a crucial role This service leverages XRP as a currency to facilitate cross-border payments. 

Notable partners making use of RippleNet and ODL include MoneyGram, FlashFX, and Interbank Peru. All of these service providers have incorporated RippleNet into their products and services.

As RippleNet continues to grow, so does the associated ecosystem. Payment corridors leveraging XRP now exist in Mexico, the Philippines, Australia, and soon Brazil.

As the customer base now spans clients across six continents, it is evident RippleNet has been a success. Primarily banks have taken a recent interest in what this technology has to offer.

Further advancing the growth is paramount. Ripple eyes expansion of ODL into APAC, EMA, and LATAM regions throughout 2020 and beyond.

As financial transactions become cheaper for operators, the customers will benefit in the long run. 

Lower costs achieved through RippleNet or ODL need to be passed on to individual consumers sooner rather than later. 

Image(s): Shutterstock.com

The post RippleNet Spans Over 300 Customers Across Six Continents appeared first on NullTX.

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ripplenet customers ripple traditional financial continents six

Источник: nulltx.com

ripplenet customers → Результатов: 46


Фото:

RippleNet Surpasses 200 Customers Worldwide

Ripple, provider of leading enterprise blockchain solutions for payments, announced today that 13 new financial institutions have signed up for the company’s payment network, RippleNet. The companies include Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND and Rendimento.

2019-1-8 18:01


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Ripple и Coinone выходят на рынок южнокорейских трансграничных переводов

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2018-12-12 15:00


Фото:

Технологию Ripple начали использовать в Малайзии

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2018-11-15 21:35


Фото:

CIMB Group Joins RippleNet to Power Instant Payments Across ASEAN

CIMB Group (CIMB or the Group), ASEAN’s fifth largest bank, and Ripple have entered into a strategic collaboration to enable instant cross-border payments across CIMB’s markets. On the back of this partnership, CIMB will join RippleNet and connect with other Ripple customers — more than a hundred financial institutions worldwide — a move that will … Continued The post CIMB Group Joins RippleNet to Power Instant Payments Across ASEAN appeared first on Ripple.

2018-11-15 04:08


Фото:

Ripple Welcomes PNC Bank into RippleNet

Ripple has announced a new addition to its growing RippleNet payment facilitation platform. According to a blog post on the official Ripple website dated September 19, 2018, PNC Bank, a top ten bank in the United States has joined RippleNet, and will now be able to give its customers access to Ripple’s services including sending and receiving instantaneous cross-border payments....The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-9-21 19:00


The World’s Biggest Banks Lead the Blockchain Charge

We’ve said it before and we’ll say it again: The future is here. Blockchain is no longer just a buzzword, but a leading solution for sending global payments. In fact, the momentum is visible: RippleNet currently counts 11 of the world’s top 100 banks by total assets as customers, all of whom are at various … Continued The post The World’s Biggest Banks Lead the Blockchain Charge appeared first on Ripple.

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