Coinone Transfer Introduces New Ripple-Powered Remittance Service

Cryptovest

Published Dec 11, 2018 01:56PM ET

Updated Dec 11, 2018 03:02PM ET

Coinone Transfer Introduces New Ripple-Powered Remittance Service

Coinone Transfer, a subsidiary of crypto exchange Coinone, has become South Korea’s first provider of blockchain-based remittance services. Ripple officially announced this with the recent launch of a new payment solution called Cross.

Cross will be available as a web service and mobile app and will allow users to perform fast and cheap money transfers between South Korea and both Thailand and the Philippines, initially. Coinone Transfer plans to expand its geographical coverage in Southeast Asia actively over the coming months.

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Coinone has always been taken an interest in remittances. IThis article appeared first on Cryptovest