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The Stellar ecosystem continues to expand. Today they have announced a partnership with global payments company Flutterwave to launch two new payment corridors between Europe and Africa. Related Reading | How Stellar’s $40M Investment In Tala Will Give Millions Access To Financial Services To be supported by the Stellar network with their main
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Cross-border remittance currently stands as one of crypto’s best use cases that will thrust it into mainstream finance. Running parallel to this trend, a new partnership between Velo Labs and two financial institutions has now resulted in a $17-billion remittance corridor between Europe and Thailand. Using Velo Labs’ blockchain-based financial protocol,
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Payment’s solution company Ripple revealed the launch of a new corridor between Japan and the Philippines. This is the company’s first On-Demand Liquidity (ODL), a payment solution leveraging token XRP, in Japan. The corridor has been launched in collaboration with SBI Remit, one of the country’s most prominent money transfer provided,
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On July 28, 2021, leading blockchain company Ripple announced the launch of RippleNet’s first-ever On-Demand Liquidity (ODL) corridor between Japan and the Philippines. Introducing Fast And Cheap Remittances The blockchain solutions provider will roll out the brand-new ODL service in collaboration with SBI VC Trade and SBI Remit, Japan’s biggest remittances provider.
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The availability of the Ripple ODL option in Japan means customers of RippleNet can leverage the digital asset XRP to eliminate pre-funding and reduce operational costs.In a move to accelerate and grow cross-border payments, Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions for global payments, has announced the
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United Arab Emirates-based retail and business bank, RAKBank, is expanding its remittance routes using Ripple's blockchain technology.Ripple, which provides distributed ledger payments products for financial institutions, was selected to help the UAE's 9th largest bank provide quick cross-border payments in a new Bangladeshi corridor.A partnership, announced Sunday, between Bangladesh-based Bank
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Ripple's technology will form the basis of a new XRP-based remittance service from International Money Express (Intermex).Ripple announced Tuesday that it had partnered with Intermex, which will leverage RippleNet – a network of institutional payment providers using Ripple's several payments solutions – to develop "faster, transparent cross-border remittance services" between
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Bitcoin (BTC) price lost support at $9,000 on Nov. 8 after several days of downward action finally saw markets make a decisive move.Data from Coin360 showed BTC/USD breaking out of its narrow trading corridor between $9,000 and $9,500 on early Friday. Bitcoin flickers bearishThat corridor had broadly characterized the largest
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On-demand liquidity has reached the shores of Australia with FlashFX going live, opening a brand new payments corridor to the Philippines. Back in September 2017, FlashFX joined RippleNet to become the first Australian company to utilize blockchain technology for international money transfers. FlashFX has long been at the forefront of leveraging
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