Recently we are preoccupied with the arrival of the Bitcoin storm, but in every storm there will be new hope to continue to grow, some alt-coins begin to rearrange their market, one of which is Ripple. Ripple recently continued to make improvements, with a variety of cooperation such as cooperating with Money-Gram, which further boosts the trader's confidence in the ripple.
In the near future one of XCurrent's Ripple core products will be used by banks as a messaging solution that allows them to quickly complete cross-border payments. However, they do not use XRP for it. New and new Ripple products called xRapid allow financial institutions to convert currency fiat into XRP quickly and cheaply, and transact digitally in real time.
Last week Ripple made his first significant customer announcement for xRapid. It is said that MoneyGram will use technology and XRP to accelerate and reduce remittance costs. In addition Ripple is also rumored to be working with Viamericas, a money-transmitting company focusing on sending money to Latin America and Asia, saying it was XRP testing.
Seeing this condition, Ripple will become one of the coins ready to compete with Bitcoin, just imagine in the last few weeks some banks in South Korea and Japan have tested the Ripple system for cross-bank payments.
It is interesting to see the extent of Ripple's movement in the cryptocurrency market. Currently Ripple ranks third in marketcap.
