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Ripple Recent Achievement In Payment Services Propose Growth

Press Releases Crypto News Bitcoinist Ripple Recent Achievement In Payment Services Propose Growth

Cross-border payment remittance firm Ripple has recently achieved yet another important milestone with its payment services for its customers following its annual conference event known as Ripple Swell.

Ripple Achieves New Milestone

According to several announcements made by the firm during its annual conference, it has recently acquired a key milestone with its payment services for its customers. The company’s customers are now able to access 100% global payout coverage and global liquidity options.

The crypto firm took to X (formerly Twitter) to further share its recently achieved milestone with the cryptocurrency community. The firm asserted that it can now deliver end-to-end solutions for Fls and SMEs in over 70 payout markets. The firm’s recent improvements are probably being spurred by an increase in XRPLedger and Ripple’s utility.

The post read:

Introducing Ripple Payments—the next evolution of Ripple’s payments product delivering a licensed end-to-end solution for FIs and SMEs with 70+ payout markets, expanded crypto liquidity options, integration with the XRP Ledger DEX, and much more.

The X post was also accompanied by a blog post sharing more light on the firm’s latest milestone. It further explains how it will buttress global B2B payments, treasury, and remittances, among others.

According to the blog post, the company has been granted money transmitter licenses by the Monetary Authority of Singapore as well as other United States provinces. This led to the company being able to extend its products and services in more than 70 payout markets. The company also claims that Ripple’s payment products and services have increased both its liquidity and its coverage.

XRP currently traded at $0.

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Author: Godspower Owie

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