Ripple and XRP are expanding, with a number of announcements revealed this week. Here’s a quick recap on all of the recent developments.
Ripple Adds Two Companies to RippleNet
Moneymatch says it has joined RippleNet and successfully used Ripple’s blockchain-based payment solution xVia to move money from Malaysia to Spain, reports Focus Malaysia. The remittance company says the test shows companies in Malaysia are ready to capitalize on the latest tech in the financial industry.
Meanwhile, UK-based MoneyNetInt says it has now joined, integrated and fully deployed decentralized payments on RippleNet. The foreign exchange trading and currency conversion company says it will use the technology to process forex conversions and trades.
XRP Launches on Four New Platforms
The Canadian-based crypto exchange Bitvo has listed XRP, paired directly with Canadian Dollars.
We do! Here’s a link to register: https://t.co/Fz95YwbWOK
Guaranteed same day registrations and transactions! #HappyTrading
— Bitvo (@BitvoExchange) October 18, 2018
XRP is now live on the zero-fee crypto exchange Cobinhood, paired with Bitcoin and USDT.
Nexo says it’s now the “first and only crypto lender” to use XRP as collateral.
XRP-backed loans are now available on the Nexo platform, making us the first and only crypto lender to onboard #XRP as collateral.
Get instant access to cash while keeping the upside potential of your XRP! #HODL #Ripple pic.twitter.com/YmYWSvW5Ov
— Nexo (@NexoFinance) October 17, 2018
Omni has added XRP to its rental platform, giving people the option to rent out their items in exchange for the cryptocurrency.