Ripple Partners with Three Crypto Exchanges for xRapid Transactions
Cryptovest
Published Aug 17, 2018 01:23AM ET
Updated Aug 17, 2018 02:41AM ET
Ripple Partners with Three Crypto Exchanges for xRapid Transactions
Blockchain startup Ripple has sealed a deal with three cryptocurrency exchanges to use its XRP-powered platform xRapid for cross-border transactions.
According to a statement released on Thursday, Bittrex, Bitso and Coins.ph will act as the “preferred” exchanges for xRapid transactions in US dollars, Mexican pesos and Philippine pesos, respectively.
“Bittrex is one of the biggest names in digital asset trading in the U.S. The same goes for Bitso in Mexico and Coins.ph in the Philippines. That makes today’s announcement an important development for xRapid,” said Ripple’s chief market strategist, Cory Johnson. “We’ve seen several successful xRapid pilots already, and as we move the product from beta to production later this year, these exchange partners will allow us to provide financial institutions...
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