Coming as the latest development from Ripple ecosystem, Ripple [XRP] collaborates with Currency Bird. It is to be noted that Currency Bird is a Chilean payment remittance company.
By and large, they will be adopting xCurrent among all the Ripple payment solutions.
Ripple [XRP] and Remittance Companies- MoneyGram, Sentbe, Currency Bird
Interestingly, Ripple [XRP] continues to collaborate with financial institutions across the globe. Notably, Ripple [XRP] has partnered up with Currency Bird after Sentbe and MoneyGram.
According to Currency Bird, the aforesaid partnership will allow them to add new payment routes and enhance the cost and speed of worldwide remittances. The company states that the addition to Ripple Net will carry a lot of benefits for the more than twelve thousand Currency Bird customers. This is because it will allow the company to include new-fangled ways to its more than fifty destinations, new currencies, quicker relocation pace, and better prices. The company adds that all the above will take place by using the technology developed by Ripple based on blockchain. As per the company, the technology lets the transmit of digital data with urbane and safe coding.
RippleNet, Ripple xCurrent, and Ripple [XRP]
It is to be noted that, this month, the company went live on RippleNet after signing an agreement in the month of March. Interestingly, the company has not yet divulged which payment solution of Ripple would it be adopting. Nonetheless, it will most possibly be xCurrent.
At the time of reporting, Ripple [XRP] is trading at $0.31 and showing a gain of 2.21 percent over the last 24 hours, as per coinmarketcap. At press time, Ripple [XRP] is having a market cap of $13.5 Billion and a 24-hour volume of $916.3, as per coinmarketcap.