Ripple Signs Three Crypto Exchanges to Underpin xRapid Transactions
Ripple partners with Bits, Bittrex, and Coin.Ph belonging to Mexico, United States, and the Philippines respectively. The announcement was made via the blog of Insights.
Ripple says xRapid to be most successful, continuing “there requires to be a healthy ecosystem considering the digital asset exchange partners around the globe”. This will allow quick and effective conversion at the source and destination end as well. It says about the fiat currency to XRP conversion at the source end and XRP to other fiat currency conversion at the destination end.
xRapid is the quick, reliable, and cheaper cross-border payments solution for Ripple. This uses the digital asset XRP to provide on-demand liquidity, which eventually reduces the costs to make real-time payments to/in evolving markets.
Also Read: Binance Partners with LCX
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