Ripple (XRP) announced the latest developments for the crypto money project. Ripple notes that the global payment network RippleNet is currently available in more than 55 countries. Additionally, the company adds that XRP remittances occur in five regions.
Ripple (XRP) announced the latest developments in the crypto money project
Ripple says that the global payment network RippleNet currently lives in more than 55 countries, and XRP remittances occur in five regions. RippleNet now offers over 95 currency pairs, according to the San Francisco startup's newly designed website. Ripple's XRP-backed cross-border payment product, Liquidity on Demand (ODL), is available in the US, Mexico, Europe, Philippines and Australia.
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Ripple is also promoting its new website for XRP Ledger and XRPL.org, its community-focused resource in XRP. Exchanges and wallet services are the most common businesses operating on XRP Ledger. However, there are also companies that use XRP Ledger for asset storage, payment processing, micropayments, music, gaming, infrastructure, security and corporate commerce.
Ripple launches "Line of Credit" service
Ripple's completely renewed website represents the latest in a series of upgrades for Ripple, which has partnerships with American Express, MoneyGram, Santander, SABB and more than 300 financial institutions in more than 40 countries around the world. Ripple has launched its new " Lin e of Credit" service that allows financial institutions and money service providers using ODL to fund XRP borrowed for a one-time fee and a short approval process .
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The fourth largest cryptocurrency , Ripple, is trading at $ 0.255 with small losses at the time of writing. The popular altcoin currently has a market cap of $ 11.5 billion. At the time of writing, Ripple manages a trading volume of $ 1.8 billion in the last 24 hours at market capitalization.