RippleNet struts along more payment corridors
Ripple’s enterprise blockchain network RippleNet is a big old beast as it is now live in over 40 countries across six continents.
Live across six continents
The milestone was hit earlier today (19 September) as new payment corridors opened up in North America, Asia, Africa, Europe and South America.
The firm says these new open corridors create “more connection points for RippleNet members around the world”, which give “more flexibility when sending money to countries where payments are challenging”.
In terms of new specifics, these include the UK to Malaysia, Vietnam, Indonesia, Sri Lanka, Bangladesh (via RationalFX, Xendpay and Instarem).
In addition, it offers Canada to Nigeria (via Remitr and FlutterWave); and Brazil to Spain, Italy, Germany, France and Portugal (via Beetech and Instarem).
RippleNet allows financial institutions to use either fiat currency or XRP for payments.
Ripple has offices in San Francisco, New York, London, Luxembourg, Mumbai, Singapore and Sydney. It has more than 100 customers.
Earlier this month, Ripple and R3 reached a settlement of all outstanding litigation between the parties. The duo were suing each other over an options contract to purchase Ripple’s digital currency XRP.
