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Ripple, das Unternehmen hinter der Kryptowährung XRP, hat neben seiner Haupttätigkeit in der Kryptowährungsbranche auch verschiedene Produkte entwickelt. Diese zielen darauf ab, den internationalen Geldtransfer zu verbessern und die Integration von Blockchain-Technologie in das traditionelle Bankwesen zu erleichtern. Hier sind einige der Schlüsselprodukte, die von Ripple entwickelt wurden: RippleNet RippleNet ist ein dezentrales globales Netzwerk...

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Santander’s Ripple-powered payments solution, which is set to launch in Mexico, will enhance transparency in operations, improve speed in sending and receiving payment.Aiming at improving transparency, efficiency, and general client satisfaction Spanish bank Santander is going to launch its Ripple-powered payments solution in Mexico later in 2020.This has become known from a Form 20-F filed with the U.S Security and Exchange Commission (SEC) earlier this month, where the Spanish bank revealed...

In 2019, MoneyGram has received $11.3 million worth of XRP, $8.9 million in the fourth quarter only. In 2020, this number seems to be increased.Recently, money transfer company MoneyGram has released its 2019 annual report. According to MoneyGram, it has sold $11.3 million worth of XRP received as a result of its commercial partnership with Ripple.As MoneyGram has revealed in its filing to the SEC, its loss in the fourth quarter of 2019 has totaled $11.9 million. However, the company assured...

The partnership between Ripple and Bitso is proving fruitful as millions of Latin Americans can use the service to send cross-border payments and enjoy cheap, fast and efficient transactions.Through a post on the official website, Ripple detailed the benefits and growth of the partnership with Bitso, the largest exchange in Latin America. Thanks to Ripple, since 2018, Bitso has grown to be recognized as the largest money exchange in Latin America.Bitso Head of Finance Barbara Gonzalez Briseno...

Though Ripple hoped that it would manage to stop its class-action lawsuit, the legal battle seems to continue.A federal judge from California has ruled against the request from Ripple to stop a class-action lawsuit that claims the company sold XRP to its customers as an unregistered security. This means the case will go ahead as planned initially, a big blow to the XRP and Ripple community at large.Ripple had requested to stop the lawsuit back in December 2019, where Judge Phyllis J. Hamilton...

Bank of America (BoA) is the second-largest bank in the U.S. It reportedly will join RippleNet for fast and cheap cross-border payments and exclusive infrastructure. But there is still no official confirmation.Bank of America has a long history of relationships with the Ripple company. In July 2019, the bank even filed a patent claim based on the new technology: Ripple’s DLT. The institution also has a Real-Time Settlement patent, also they already ran pilot projects with Ripple.Since 2015,...

After tweeting about a problem with PayPal and SquareCash, the CEO of Coinbase Brian Armstrong has been offered a solution by Ripple-backed Moneygram.Many traditional financial institutions are against the cryptocurrency sector. Unsurprisingly, several of these institutions go out of their way to stifle any transactions passing through their corridor, which has any bearing with cryptocurrency. Another occurrence has happened between PayPal and the Coinbase CEO, which sparked a lot of...

In its new publication, Ripple has pointed out the major problems with remittance in the APAC region and explained how it can solve these problems.Ripple is slowly becoming a force to be reckoned with as far as the international remittance market is concerned. The company is consistently in the news for some of the heavy moves it is making to control cross-border payments. Ripple also has a significant interest in the Asia-Pacific (APAC) region as the remittance market in the area is huge. In...

Ripple’s XRP has surprised the market and the investors as its price jumped 10% due to a sudden surge in trading volumes. With today’s move, the XRP price has gained 35% year-to-date.XRP that us actively used by Ripple in its solutions has witnessed a sudden inrush of volumes today gaining over 10%. Despite the majority of top-ten cryptocurrencies showing only minor movement, XRP has successfully broken its downtrend.At press time, the XRP price is 11.84% higher in the last 24 hours and is...