Ripple News

Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company.

Welcome to the Ripple news page on BTC Alerts – Here you will find a selection of articles on Ripple sourced from some of the biggest Ripple news resources. 

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Ripple Coin News
  • Dubai and DIFC Join Forces for the Nationwide Adoption of KYC Blockchain Technology

    Irrespective of the numerous concerns governments have in relation to cryptocurrencies, they are moving swiftly towards blockchain technology. A couple of days before, Dubai International Financial Centre-DIFC- made an announcement of expanding the KYC (Know Your Customer) initiative, the organization’s joint venture with Dubai’s Department of Economic Development, all across the country. According to the The post Dubai and DIFC Join Forces for the Nationwide Adoption of KYC Blockchain Technology appeared first on Ripple Coin News.

  • Ripple Price Prediction: XRP Price Aims At $2 After Claiming $1.96

    After facing a lot of backlash for a few months due to the legal battle of its parent company Ripple with the United States Securities and Exchange Commission (SEC), the remittance coin XRP has finally entered into a bullish cycle which has sent the price value of the coin to a new high that it The post Ripple Price Prediction: XRP Price Aims At $2 After Claiming $1.96 appeared first on Ripple Coin News.

  • “HSBC Has no Appetite for Direct Exposure to Digital Currencies” the Banking Giant Confirms.

    Last week, the news surfaced that HSBC is forbidding customers from buying shares of the firms, dealing in Bitcoin and the news is now confirmed by one of the Bank’s officials. As Reuters reported on Monday that the Bank is disallowing customers from buying stocks of Microstrategy; a business analytics and mobility platform. Reuters quoted The post “HSBC Has no Appetite for Direct Exposure to Digital Currencies” the Banking Giant Confirms. appeared first on Ripple Coin News.

  • With Cross-Chain Bridges Of Wanchain XRP Enters DeFi World

    Another major development for XRP is the native crypto coin of Ripple, the famous cross-border remittance payments company based in San Francisco, the United States, as it has now entered the world of decentralized finance (DeFi). According to an announcement made by Wanchain, the cross-bride company said that various decentralized finance (DeFi) applications of the The post With Cross-Chain Bridges Of Wanchain XRP Enters DeFi World 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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