Andreas Townsend

3 months ago

Ripple has been making increased efforts to promote the adoption of its products, and the San Francisco-based company continues the moves.

Ripple has been also boosting the entire XRP ecosystem in order to promote the adoption of the digital asset.

Ripple is working to install xCurrent in India

Now, they are working to install xCurrent, its cross-border payment messaging software at a massive number of banks in India.

While speaking at a presentation at India Dapp Fest 2019, Sachin Maheshwari, who is a senior integration engineer at Ripple, said the company is implementing xCurrent “with all the banks in India.”

“We made payments from the Middle East to India within just one or two minutes and completed an entire validation of the transaction as well.”

Back in 2018, Asheesh Birla, Ripple’s senior vice president of product, said it was possible that the company had already cornered at least half of India’s market.

“We looked early on at India, and we looked at two billion people – a huge market. And we decided, how do you get two billion people onto Ripple? Do we give the currency away to every Indian, that’s like two billion – just give it away?”

India is open to Ripple’s plans the immense population could mean massive adoption.

Santander Bank launched a new payment corridor

Ripple was in the news once again lately after more announcements regarding adoption.

Santander Bank just added a new payment corridor to One Pay FX which is the company’s Ripple-powered digital banking app.

The app is supporting payments between the UK and Poland.

Ripple’s Marcus Treacher talked about this new addition which allows the bank's customers to move a maximum of 10k euros per day to and from the two countries with no transaction fees.

You may recall that One Pay FX uses Ripple’s payment messaging system xCurrent.

People Mentioned

Justin Sun

Founder of TRON (TRX)

Coins Mentioned

Justin Sun

Founder of TRON (TRX)

Companies Mentioned

Justin Sun

Founder of TRON (TRX)

Justin Sun

Founder of TRON (TRX)

+ 1.45%
Icon
Nitrogen Sports

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
SportBet.io

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
7bitcasino

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
FortuneJack

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
Binance

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
Kraken

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Top Exchanges
Icon
Binance

4.93

Read Review - Website

Icon
Kraken

4.10

Read Review - Website

Icon
Binance

4.93

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Trending news

Advertise

Trending news

Top Exchanges
Icon
Binance

4.93

Read Review - Website

Icon
Kraken

4.10

Read Review - Website

Icon
Binance

4.93

Read Review - Website

Icon
Gemini

4.85

Read Review - Website

Icon
Kraken

4.10

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Icon
7bitcasino

4.20

Read Review - Website

Top Sportsbook
Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Icon
1xBit

4.0

Read Review - Website

Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

1157 Articles
7255 Followers