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Ripple’s Line of Credit Service Thrusts XRP Into the Spotlight

Ripple recently announced the launch of a new on-demand liquidity (ODL) service called Line of Credit, which enables users to carry out cross-border payments using XRP at the enterprise level. In an announcement on its website, the company revealed that the new product will solve the problem of small and medium-sized enterprises (SMEs) needing individual […] The post Ripple’s Line of Credit Service Thrusts XRP Into the Spotlight appeared first on BeInCrypto. дальше »

2020-10-11 20:48


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Ripple Unveils New XRP-Based Loan Product To Finance Instant Cross-Border Payments

Blockchain firm Ripple, which has recently threatened to leave the United States if the regulatory climate does not improve, has launched a new XRP-based loan product dubbed “Line of Credit”. The product is currently in beta and will let On-Demand Liquidity (ODL) customers access working capital loans to conduct cross-border transactions using Ripple’s XRP cryptocurrency. […] дальше »

2020-10-10 19:04


ConsenSys to Lead Phase Two of Hong Kong and Thailand’s Cross-Border CBDC Project

ConsenSys has been awarded the contract to lead phase two of the cross-border payments ‘CBDC’ project between Hong Kong and Thailand. Dubbed project ‘Inthanon-LionRock,’ the initiative follows successful research by the central banks of both jurisdictions, which found an additional value case in building a cross-border CBDC. дальше »

2020-9-30 23:31


ConsenSys to Work on PoC for CBDC with Hong Kong Monetary Authority

ConsenSys has shared on Sept. 25, that it was awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA). The project involves the development of a technology for a central bank digital currency (CBDC) cross-border payment network, which actually serves as the second implementation phase of the Project Inthanon-LionRock. дальше »

2020-9-25 18:24


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Prominent Crypto Investor On Why He’s Dumping All His XRP Holdings: It’s ‘A Confirmed Scam’

A Ripple fanatic by the online alias Crypto Bitlord has allegedly sold all his XRP coins. For all intents and purposes, the crypto investor claims the cryptocurrency is a confirmed scam. XRP’s History Of Controversies  XRP is a cryptocurrency that was created to reduce friction in the cross-border settlements market. Ripple, the company behind XRP, […] дальше »

2020-9-18 21:17


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Harmony (ONE) Grant to Bootstrap Growth of Chainlink-Based DeFi Applications

Harmony—a fast, sharded, and scalable blockchain network for decentralized applications (dApps), is integrating Chainlink—an interoperable network of secure and tamper-proof oracles. Accompanying the incorporation is a dedication of part of the $7 million grant to bootstrap the growth of Chainlink-based DeFi and cross-border finance dApps built on Harmony as per an August 5 update. дальше »

2020-8-5 19:07


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US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines

Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers. дальше »

2020-6-4 05:30