Currencies Direct Tests International Money Transfer with xRapid

[kreslik.news]

Currencies Direct, a UK-based foreign exchange broker and international payment provider, has become the first financial institution in Europe to successfully complete an overseas payment transfer with XRP token using Ripple’s xRapid platform.

As a part of the trial, Currencies Direct has conducted a number of transactions with its pre-specified international counterpart on xRapid. The international payments which usually takes between 3 to 5 days were completed in seconds on the decentralized platform.

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After the trial, Currencies Direct’s Chief Product Officer, Brian Harris, said: “Our trial with XRP ... (read more)