Cred secures $50 million credit facility to lend against Ripples (XRP)
Cred, a provider of crypto-backed lending with over $300 million in credit facilities, today announced that it will provide USD loans collateralized by XRP. Ripple users now have the possibility to save their XRP…
Siam Commercial Bank the first to utilize “multi-hop” on Ripple network
Cross-border blockchain payment network Ripple announced today that Siam Commercial Bank (SCB), the first bank in Thailand will now be the first financial institution on RippleNet to explore a key feature called “multi-hop”, which…
PNC Bank joins Ripple (XRP) for global payments on blockchain
Ripple, the enterprise blockchain solution for global payments and PNC Bank, one of the largest diversified financial services institutions in the U.S. announced today that PNC Treasury Management is now a member of RippleNet. PNC’s…
Ripple’s xRapid onboards 3 new XRP exchange partners including Bittrex
xRapid, Ripple’s cross-border payments product that minimizes liquidity and transaction costs, powered by the Ripple native asset XRP announced Bittrex will act as the preferred digital asset exchange for xRapid transactions that move through…
Ripple introduces first wave of University Blockchain Research Initiative
Cross-border blockchain payments company Ripple, today announced the University Blockchain Research Initiative (UBRI), a collaboration with top universities around the world to support and accelerate academic research, technical development and innovation in blockchain, cryptocurrency,…
Ripple (XRP) powered mobile app to deliver instant payments within Japan
As a follow up to December 2017 news that banks in Japan would establish a “consortium of payment card industries utilizing blockchain technology,” today it was advertised that the Japan banking consortium has named…
B2B payments firm Cambridge to pilot Ripple’s XRP
Cambridge Global Payments, a FLEETCOR Technologies, Inc. owned B2B international payments provider announced today they will launch a pilot program with Ripple, the global blockchain payments solution for enterprise. Cambridge processes over $20 billion…
Brazil’s largest bank latest to join Ripple for payments
Ripple announced today that Itaú Unibanco, Brazil’s largest private sector bank and Latin America’s biggest bank by market cap is the latest institution to join RippleNet for real-time global payments powered by the Ripple protocol….
Ripple confirms UAE Exchange to join RippleNet
Ripple, the blockchain powered global real-time settlement network confirmed that after many months of talks, UAE Exchange, one of the largest payment providers in the Middle East is joining RippleNet. UAE Exchange was founded…
China’s fourth largest payment processor LianLian joins Ripple
Chinese payment processor LianLian is set to participate in Ripple’s blockchain powered cross-border payments solution RippleNet it was announced today. The partnership will provide a gateway to the region to other members of Ripple’s blockchain…
Payment firms IDT and MercuryFX to use Ripple (XRP)
Ripple today announced it has added two new payment partners with IDT Corporation and MercuryFX signing up to use the company’s xRapid solution to settle retail remittances and corporate transactions. Both companies join MoneyGram and…
MoneyGram to pilot Ripple (XRP) for payment flows
Ripple today announced a new partnership with MoneyGram, one of the world’s largest money transfer companies. As part of the agreement, MoneyGram will pilot XRP in their payment flows and also explore integration into…
Ripple establishes new Infrastructure Innovation team led by Dilip Rao
Ripple, the global blockchain powered payment network stated today it will take the next step as a company to continue helping build the Internet of Value by establishing an Infrastructure Innovation initiative. Ripple is…
Ripple’s 55 billion XRP lockup complete
Back in May 2017, Ripple committed to placing 55 billion XRP in a cryptographically-secured escrow account to create certainty of XRP supply at any given time. The team reported that this lockup is now…
RippleNet now live on Axis Bank, RAKBANK, and Standard Chartered
Blockchain powered payment company Ripple announced that three new banks will be using RippleNet, a network of independent banks and payment providers. To meet the demand for real-time payment services, Axis Bank (based in India), Standard Chartered (Singapore),…