Ripple Continues to Spread Across Emerging Markets

[kreslik.news]

Ripple, the payment network once likened to “Western Union using blockchain technology”, is continuing its international expansion with the addition of two banks and four payment providers to its roster, according to a company announcement.

The institutions in question come from India, Brazil, Canada, China and Singapore. They are:

Itaú Unibanco, Brazil’s largest private sector bank and Latin America’s biggest bank by market capitalization;

IndusInd, a private sector bank from India;

Zip Remit, a money transfer service based in Canada and with roots in East Africa;

Beetech, the only online exchange and remittance platform provider ... (read more)