Ripple (XRP) is seeing its adoption increase daily. It is almost impossible to keep track of which companies are endorsing which Ripple’s product. Let’s bear in mind that Ripple isn’t the currency specifically. It is the brand behind a few digital products that aim to provide a cross-border solution. Ripple’s portfolio includes products such as xCurrent, xVia, xRapid and XRP (Ripple’s native token). Here is a quick summary of all of the recent partnerships.
Ripple partners with two more companies
Earlier this week, a Malaysian fintech startup MoneyMatch announced that it has joined RippleNet and has completed its first cross-border payment using xVia. The operation involved the conversion of Malaysian Ringgit to Euro in a matter of seconds, according to the company’s announcement.
Ripple also recorded another major signing as UK financial firm announced that it has partnered with the San Francisco-based blockchain startup. Speaking on the development, Nadeem Ladki, Ripple’s head of accountant management, said that:
“By leveraging Ripple’s blockchain technology, Moneynetint will now be able to simplify and reduce the FX conversion rates for their customers, increase the speed of settlement and offer services to new markets that would otherwise have been too difficult or too costly to reach in the past.”
XRP Launched on four other platforms
On October 18, 2018, A Canada-based crypto exchange Bitvo listed XRP and Ethereum Classic on its platform. Bitvo said its customers can now purchase or sell XRP with Bitcoin or Canadian dollars.
Meanwhile, Ripple (XRP) joined another popular crypto exchange called Cobinhood. The zero transactions fees exchange confirmed XRP will be ready for trading on its crypto exchange platform on the 19th of October.
OMNI, a property storage and rental bazaar, started to allow users to hire out their properties and get paid in Ripple (XRP).
Lastly, the cryptocurrency loan startup NEXO added Ripple (XRP) as one of the collateral options in its platform.
