Ripple, the fast-growing fintech juggernaut and owner of XRP disclosed its global payments network, RippleNet, is now live in 55 countries including Nigeria, with XRP remittances now live in five continents.
RippleNet also stated that its services offering were available in 95 currency pairs, according to the fintech’s redesigned website.
Quick fact; RippleNet is a network of institutional payment-providers that include banks and payment providers that use solutions developed by Ripple to provide a seamless experience to send money worldwide.
Sequel to this feat, recall Nairametrics about a month ago gave critical insights into how Ripple, the world’s fast-growing crypto payment powerhouse, worked with bank regulators and policymakers in several governments for the adoption of digital payments.
Japan-based Mitsubishi UFJ Financial Group, with assets of more than USD 2.8 trillion, announced in November 2018 that, in cooperation with Ripple, it would provide an international money transfer service on the payment corridor from Japan to Brazil.