Ripple Just Announced:
“In 2018, RippleNet has dramatically expanded its reach and network.
This year we’ve seen massive customer growth quarter over quarter, signing an average of two production customers per week.”
xRapid launched yesterday now has the following companies using it:
MercuryFX, Cuallix and Catalyst Corporate Federal Credit Union.
“xRapid eliminates the need for a pre-funded nostro account when executing a cross-border payment. It sources liquidity from XRP on exchanges around the world”
One of the three customers said:
““The traditional international wire experience fails to meet today’s expectations from a price, speed and ease-of-use perspective. Blockchain technology, and specifically Ripple’s xRapid product, resolves all three of these challenges simultaneously.”