Ripple is one amongst the countless blockchain companies that are joining hands to transform the overall financial system. Considering the current crypto market condition, Ripple is ensuring its part to implement a cost-effective method wherever necessary for cross-border transfers and numerous micro-payments.
For the same purpose, the company has announced the xRapid payment solution which solves basic issues at the closure of 2018. One of the recent reports also shows that this new XRP solution is covering the traction. Hence, rounding up a minimum of 12 partners.
These partners are already registered to one of the xRapid integration plan or have completed their purpose of integration. Some big firms include Bittrex, Coins.ph, Bitso, and Bitstamp. These crypto exchanges will use this new software solution to drive payments between the US, Mexico, and the Philippines.
At the time of launch in 2018, Ripple said that Mercury FX, Cuallix, and Catalyst Corporate Federal Credit Union these all have already placed their commitment to integrate xRapid. Now, this has become a payment solution that a major organization will use to enhance overall customer satisfaction.
Moreover, they will ensure immediate international fund transfers accessible. Lastly, companies like SBU Virtual Currencies, Viamerica, IDT, Send Friend, as well as Butrue, have already swapped xRapid integration.
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