Ripple is upgrading its cryptocurrency-enabled cross-border payments solution, also known as Ripple Payments. This offering aims to enhance enterprise-level blockchain infrastructure, making faster, cheaper and more efficient cross-border payments accessible to businesses.
In the official statement published today (Wednesday), the cross-border remittance network noted that the global financial space is undergoing a transformation as more companies and legacy payment institutions invest in blockchain integration. More than 80% of global financial companies are expected to integrate cryptocurrencies into their operations within the next three years.
Ripple currently provides expanded access to its extensive global network of more than 70 cryptocurrency and traditional payments markets. This has resulted in almost 100% global returns coverage with a single onboarding.
Ripple has more than 30 licenses, including a Major Payments Institution license from the Monetary Authority of Singapore and money transfer licenses across the United States. The company is expanding its solutions to reach a broader customer base, including small and medium enterprises.
Monica Long, President ripple
ripple
Co-founded by Jed McCaleb and Chris Larsen, Ripple debuted in 2012 as a digital exchange network and pre-mined digital currency referred to as XRP. Ripple has a lower market capitalization than both Bitcoin and Ethereum, and is ranked as the third largest cryptocurrency. It is a decentralized, dual-source, open peer-to-peer (P2P) platform, and its network is able to work with any form of money such as GBP, ETH, YEN, etc. What is the use of Ripple? Ripple participants are known as the gateway
Co-founded by Jed McCaleb and Chris Larsen, Ripple debuted in 2012 as a digital exchange network and pre-mined digital currency referred to as XRP. Ripple has a lower market capitalization than both Bitcoin and Ethereum, and is ranked as the third largest cryptocurrency. It is a decentralized, dual-source, open peer-to-peer (P2P) platform, and its network is able to work with any form of money such as GBP, ETH, YEN, etc. What is the use of Ripple? Ripple participants are known as the gateway
Read this term“Ripple has led the way in addressing key components of cryptocurrency financial infrastructure, including liquidity, external routes, tokenization, custody, and compliance,” he said. “Bringing these elements together in Ripple Payments for an intuitive and comprehensive enterprise experience is critical.” ” “It’s a natural next step for Ripple to make the benefits of cryptocurrencies accessible to any business.”
Introducing Ripple Payments – the next evolution of the Ripple payments product offering a permissioned, end-to-end solution for financial institutions and SMBs with 70+ payment markets, expanded crypto liquidity options, integration with XRP Ledger DEX, and much more. https:// t.co/khOxtCnXin
– Ripple (@Ripple) November 8, 2023
One of the first customers to benefit from enhanced Ripple Payments is RocketFuel, a global payments solutions company serving merchants looking to send or accept payments in crypto or fiat currencies. ripple Payments
Payments
One of the foundations of means of exchange in the modern world, payment represents the transfer of legal tender or its equivalent from one party in exchange for goods or services to another entity. The payments industry has become one of the pillars of modern commerce, although the players involved and the means of exchange have changed significantly over time. In particular, the party making the payment is referred to as the payer, where the payee reflects the individual or entity receiving the payment. Premium. The most common
One of the foundations of means of exchange in the modern world, payment represents the transfer of legal tender or its equivalent from one party in exchange for goods or services to another entity. The payments industry has become one of the pillars of modern commerce, although the players involved and the means of exchange have changed significantly over time. In particular, the party making the payment is referred to as the payer, where the payee reflects the individual or entity receiving the payment. Premium. The most common
Read this term
It will streamline the entire payment flow, offering a wide range of payment currencies worldwide, enabling RocketFuel to meet the growing demand for direct payments for merchants and their customers.
Regulatory win drives Ripple
Meanwhile, the US Securities and Exchange Commission (SEC) formally acquitted Ripple’s executives (Brad Garlinghouse, CEO, and Chris Larsen, Executive Chairman) last month of all charges against them in the lawsuit that labeled XRP as an illegal security. Registered.
The SEC’s decision marks the conclusion of a protracted legal battle that has seen the regulator pitted against Ripple, Garlinghouse and Larsen. The SEC began the lawsuit in late 2020, alleging that XRP, a cryptocurrency linked to Ripple, was an unregistered security.
After a long legal struggle, a US court ruled in favor of Ripple in July. The SEC, dissatisfied with the ruling, appealed the decision, but the court denied the appeal again earlier this month.
Ripple is upgrading its cryptocurrency-enabled cross-border payments solution, also known as Ripple Payments. This offering aims to enhance enterprise-level blockchain infrastructure, making faster, cheaper and more efficient cross-border payments accessible to businesses.
In the official statement published today (Wednesday), the cross-border remittance network noted that the global financial space is undergoing a transformation as more companies and legacy payment institutions invest in blockchain integration. More than 80% of global financial companies are expected to integrate cryptocurrencies into their operations within the next three years.
Ripple currently provides expanded access to its extensive global network of more than 70 cryptocurrency and traditional payments markets. This has resulted in almost 100% global returns coverage with a single onboarding.
Ripple has more than 30 licenses, including a Major Payments Institution license from the Monetary Authority of Singapore and money transfer licenses across the United States. The company is expanding its solutions to reach a broader customer base, including small and medium enterprises.
Monica Long, President ripple
ripple
Co-founded by Jed McCaleb and Chris Larsen, Ripple debuted in 2012 as a digital exchange network and pre-mined digital currency referred to as XRP. Ripple has a lower market capitalization than both Bitcoin and Ethereum, and is ranked as the third largest cryptocurrency. It is a decentralized, dual-source, open peer-to-peer (P2P) platform, and its network is able to work with any form of money such as GBP, ETH, YEN, etc. What is the use of Ripple? Ripple participants are known as the gateway
Co-founded by Jed McCaleb and Chris Larsen, Ripple debuted in 2012 as a digital exchange network and pre-mined digital currency referred to as XRP. Ripple has a lower market capitalization than both Bitcoin and Ethereum, and is ranked as the third largest cryptocurrency. It is a decentralized, dual-source, open peer-to-peer (P2P) platform, and its network is able to work with any form of money such as GBP, ETH, YEN, etc. What is the use of Ripple? Ripple participants are known as the gateway
Read this term“Ripple has led the way in addressing key components of cryptocurrency financial infrastructure, including liquidity, external routes, tokenization, custody, and compliance,” he said. “Bringing these elements together in Ripple Payments for an intuitive and comprehensive enterprise experience is critical.” ” “It’s a natural next step for Ripple to make the benefits of cryptocurrencies accessible to any business.”
Introducing Ripple Payments – the next evolution of the Ripple payments product offering a permissioned, end-to-end solution for financial institutions and SMBs with 70+ payment markets, expanded crypto liquidity options, integration with XRP Ledger DEX, and much more. https:// t.co/khOxtCnXin
– Ripple (@Ripple) November 8, 2023
One of the first customers to benefit from enhanced Ripple Payments is RocketFuel, a global payments solutions company serving merchants looking to send or accept payments in crypto or fiat currencies. ripple Payments
Payments
One of the foundations of means of exchange in the modern world, payment represents the transfer of legal tender or its equivalent from one party in exchange for goods or services to another entity. The payments industry has become one of the pillars of modern commerce, although the players involved and the means of exchange have changed significantly over time. In particular, the party making the payment is referred to as the payer, where the payee reflects the individual or entity receiving the payment. Premium. The most common
One of the foundations of means of exchange in the modern world, payment represents the transfer of legal tender or its equivalent from one party in exchange for goods or services to another entity. The payments industry has become one of the pillars of modern commerce, although the players involved and the means of exchange have changed significantly over time. In particular, the party making the payment is referred to as the payer, where the payee reflects the individual or entity receiving the payment. Premium. The most common
Read this term
It will streamline the entire payment flow, offering a wide range of payment currencies worldwide, enabling RocketFuel to meet the growing demand for direct payments for merchants and their customers.
Regulatory win drives Ripple
Meanwhile, the US Securities and Exchange Commission (SEC) formally acquitted Ripple’s executives (Brad Garlinghouse, CEO, and Chris Larsen, Executive Chairman) last month of all charges against them in the lawsuit that labeled XRP as an illegal security. Registered.
The SEC’s decision marks the conclusion of a protracted legal battle that has seen the regulator pitted against Ripple, Garlinghouse and Larsen. The SEC began the lawsuit in late 2020, alleging that XRP, a cryptocurrency linked to Ripple, was an unregistered security.
After a long legal struggle, a US court ruled in favor of Ripple in July. The SEC, dissatisfied with the ruling, appealed the decision, but the court denied the appeal again earlier this month.