Money transfer giant MoneyGram will use Ripple’s xRapid and the XRP cryptocurrency to settle cross-border transactions as part of a new partnership.
US Banking Giant PNC Becomes Latest to Adopt Ripple’s xCurrent
PNC Bank’s Treasury Management division is to begin accepting cross-border transactions using Ripple’s xCurrent product.
British FX Firm Currencies Direct Pilots Ripple Tech
Foreign exchange brokerage Currencies Direct successfully completed several international transfers using Ripple’s xRapid product.
Ripple: XRP Payment Pilots Cut Fees by 40-70 Percent
Ripple’s xRapid pilot program results found that customers saved both money and time when compared to traditional cross-border transactions.