The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Confirmed: Ripple Now Has 7 Partners Ready to Use XRP-Powered Payment Solution xRapid

by Daily Hodl Staff
September 24, 2018
in Altcoins

The number of companies ready to fully implement Ripple’s XRP-powered payment product xRapid is growing.

Ripple created xRapid to give financial institutions a real-time settlement solution that utilizes XRP to increase the speed and liquidity of cross-border payments.

Chris Larsen, one of Ripple’s co-founders, recently described exactly how the technology can be utilized, using a cross-border payment from the US to Mexico as an example.

7 Ripple Partners Ready to Use xRapid

Crypto exchanges Bittrex, Bitso and Coins.ph are the latest partners that will use xRapid to send instant cross-border payments with low fees.

London-based Mercury FX is also on board, after recently completing a pilot test and calling the raw speed of xRapid “unbelieveable.”

In Q1, along with other xRapid pilots customers, we have proved that #xRapid can lower liquidity costs & increase payment speed and transparency using #XRP. We are looking forward to continued successful testing and going into production.https://t.co/hlYDcFyG7o

— Mercury Global (@mercuryfxglobal) April 26, 2018

SBI’s new crypto exchange, SBI Virtual Currencies, is also planning on joining xRapid to help financial institutions send cross border payments.

Cuallix, a company that operates in the US, Mexico and Hong Kong, and offers the unbanked a way to make international payments, is also preparing to go into production. Last but not least, Canadian cross-border payments company Zip Remit, a long-time backer of XRP, is on board as well.

In addition to the seven companies above, a number of additional companies are officially piloting xRapid, including IDT corporation, MoneyGram and Cambridge Global Payments.

Western Union recently announced that its pilot of xRapid did not save the company time or money. Ripple says the results show smaller financial institutions and startups are more likely to initially see significant savings with the technology.

Sagar Sarbhai, Ripple’s head of regulatory relations for Asia-Pacific and the Middle East, recently said the company is gearing up for xRapid’s official launch in about a month.

[the_ad id="42537"] [the_ad id="42536"]
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • GUNZ Announces GUN Token Expansion to Solana
    July 7, 2025
  • BioMatrix Surpasses Five Million Verified Users, Setting New Standards for Real Human Engagement in Web 3.0
    July 7, 2025
  • NEXST Launches Web 3.0 Virtual Reality Entertainment Platform With K-Pop Group UNIS As First Global Partner
    July 7, 2025
  • Little Pepe Surpasses $4 Million in Presale, Emerging as One of the Leading Meme Coins of 2025
    July 6, 2025
  • The Open Platform Is First Unicorn in Web 3.0 Ecosystem in Telegram at $1 Billion Valuation
    July 3, 2025
  • P2P.org Brings Native ETH Staking to Ledger Live Globally
    July 3, 2025
  • Cooking.City Bringing Back Value Redistribution to Solana Fair Launches
    July 3, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$108,354.03
$108,354.03
0.51%
Ethereum
$2,545.89
$2,545.89
0.64%
BNB
$660.93
$660.93
0.11%
Solana
$149.32
$149.32
1.22%
XRP
$2.26
$2.26
0.02%

Spotlight

  • Crypto Analyst Sees Bitcoin Treasury Companies Igniting BTC Rallies to $150,000 or Higher – Unless This Happens
    June 30, 2025
  • Solana Rival SUI Gearing Up for Major Outperformance Following Correction, According to Real Vision CEO Raoul Pal
    June 30, 2025
  • Records of 166,953 Americans Now at Risk – Health Care Firm Says Attacker May Have Exposed Names, Addresses, Social Security Numbers and More
    June 30, 2025
  • Bank Suddenly Shut Down by US Regulators in Second Bank Failure of 2025
    June 30, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl