Ripple announces latest xRapid partner - 1 March 18

in #ripple7 years ago (edited)

Small bounce on XRP after Ripple announced their latest client to use xRapid (XRP-based payment).
https://ripple.com/insights/cambridge-use-xrp-faster-global-payments/
Tweet:

On the XRP/EUR hourly chart (from TradingView):

Considering the very low trading volumes we've seen in the past couple of weeks, this is quite significant.

We have this statement on Ripple's website today:
"Cambridge joins five major financial institutions who have publicly announced that they are piloting xRapid, including Cuallix, MoneyGram, IDT Corporation, Mercury FX and Western Union."

Update:
There is also news that a Japanese bank has successfully used a "Ripple solution" in overseas remittance. Although it is is not clear if it's xRapid, xCurrent or something else.
https://ripplenews.tech/2018/03/01/woori-bank-successfully-tested-ripple-remittance/

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Ripple Ripple tweeted @ 01 Mar 2018 - 13:01 UTC

We’re happy to announce Cambridge Global Payments @cambridge_fx is using $XRP in an #xRapid pilot to provide its 13… twitter.com/i/web/status/9…

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