Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company.
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Some more news from
Ripple Coin News
- Buying Bitcoin – The Basic Idea for Novices
Buying bitcoin or any other digital currency can be an exciting business, and it is always fun exploring the same with a practical way to get the new investment. However, this is an authentic experience when the asset comes up with the digital currency acting like cigarettes. It could be a challenging experience, and no The post Buying Bitcoin – The Basic Idea for Novices appeared first on Ripple Coin News.
- Blockchain: Some Quick Questions to Answer
With the passing day, we have seen the popularity of digital coins. Some of the popular virtual currencies, including Bitcoin and ETH and other digital coins, are seen working with the help of technologies like Blockchain. This technology has often been taken care of with the use of the same. The new idea seems to The post Blockchain: Some Quick Questions to Answer appeared first on Ripple Coin News.
- Bitcoin Explained for Dummies
With the popularity of Bitcoin as the most known digital coin globally, one can see many getting attracted towards the same. The people dealing in it very well know about digital currency. However, the ones who are new and the dummies also wonder what kind of coin this is. We have created this post for The post Bitcoin Explained for Dummies appeared first on Ripple Coin News.
- Adding Over 200 Machines Within a Month, El Salvador Becomes the Third Largest Country with Most Crypto ATM’s
After becoming the first ever country to adopt Bitcoin as a legal tender, El Salvador makes huge progress in expanding the crypto infrastructure around the country. Salvador Becomes Third Largest Country with Most Crypto ATMs According to recent data shared by Coin ATM Radar, the country is currently home to 205 active crypto ATM’s. The The post Adding Over 200 Machines Within a Month, El Salvador Becomes the Third Largest Country with Most Crypto ATM’s appeared first on Ripple Coin News.
XRP mini blog
Ripple says ‘more than two dozen’ customers use its payments solution that leverages XRP
Blockchain payments firm Ripple has said that “more than two dozen” customers use its On-Demand Liquidity (ODL) solution, which leverages XRP cryptocurrency to settle cross border payments.
Some of these customers include money transfer firms MoneyGram, Viamericas and FlashFX, online workforce platform that connects employers with freelancers goLance, and financial services provider Interbank Peru, among others, Ripple announced Wednesday.
Ripple’s ODL payments solution was commercially launched last year, and there have been “more than 7x the number of transactions using ODL from the end of Q1 to the end of October,” said the firm.
ODL currently supports Mexico, the Philippines and Australian markets. Ripple said support for Brazil is “coming soon,” as well as additional corridors across Asia-Pacific (APAC), Europe, Middle-East and Africa (EMEA) and Latin America (LatAm) are in progress for 2020.
Ripple’s other solution, RippleNet, which does not leverage XRP by default but customers have an option to use it, has seen “10x year-over-year growth in transactions.” Overall, Ripple’s customers have crossed the 300 mark, per the announcement.
“This year has been our strongest for Ripple yet. In 2019 we’ve seen continued momentum with customers, growth of RippleNet and adoption of On-Demand Liquidity,” said Brad Garlinghouse, CEO of Ripple.
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