Ripple Signs Three Crypto Exchanges to Underpin xRapid Transactions

[kreslik.news]

Ripple, San Francisco-based provider of blockchain solutions for payments, has signed three crypto exchanges to establish the ecosystem of its flagship product xRapid, which allows firms to source on-demand liquidity product aimed mainly at institutions that have business in emerging markets.

Ripple is developing several blockchain-based solutions that enable cross-border money transactions between banks in a faster and cheaper way than the current systems allow.

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According to the company statement, Bittrex will act as the preferred exchange for xRapid transactions in U.S. Dollars. In addition, xRapid will tap ... (read more)