Ripple’s xRapid Goes Live with 3 Initial Users

Cryptovest

Published Oct 02, 2018 03:59AM ET

Updated Oct 02, 2018 05:00AM ET

Ripple’s xRapid Goes Live with 3 Initial Users

Ripple, the company behind the third largest cryptocurrency, XRP coin as an intermediary currency. This is the first time that financial services providers or any companies will use XRP in a commercial application, which might support demand for the coin.

The xRapid platform will be used by payment firms Mercury FX and Cuallix and cooperative financial company Catalyst Corporate Federal Credit Union, Ripple said. CEO Brad Garlinghouse...


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