13 New Financial Institutions Have Signed Up for the RippleNet

By Mark Lemon – Cryptocurrency Professional

13 new financial institutions have officially signed up to the RippleNet as published on Ripples insights page. The companies include Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND and Rendimento.

Ripple has already been operating in over 40 countries across 6 continents. Joining up with Ripple and their technology has many benefits to new customers. Improvements to both xCurrent and xRapid have resulted in tests concluding in record time. It is hoped it will help bring the next generation of customers faster and cheaper payments.

As more buy and sell cryptocurrency, it seems to be growing as a revolution for payments. The CEO of Ripple, Brad Garlinghouse commented, “In 2018, nearly 100 financial institutions joined RippleNet. And we’re now signing two, sometimes three new customers per week.” There was an increase of 350% in 2018 with customers sending live payments. More customers are buying crypto particularly for cross-border payments and it’s likely to rise for 2019.

Ripple has become the leading enterprise for payments in blockchain solutions, to buy XRP now could be great to prepare for the future of transactions. It gives opportunities for new payment channels and processes to source liquidity, bringing benefits to the customers.

If you would like to buy XRP then click here to take you to our website to get your XRP. We have access to a wide range of cryptocurrencies and are always happy to help.

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