Ripple update: Startup Ripple signs up payments firms for crypto-based platform
Ripple’s platform for cross border payments, called xRapid, is now commercially available and has signed up firms Cuallix, MercuryFX and Catalyst Corporate Federal Credit Union as clients. Assuming they go live, these projects will mark one of the first uses of a virtual currency by financial institutions in a commercial product!! Do you think this will prove that cryptocurrencies have a use aside from speculation???
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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