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      Home»China » Ripple is Targeting China for Cross Border Payments

      Ripple is Targeting China for Cross Border Payments

      August 16, 2018
      China, Fintech
      Views : 326
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      Ripple’s vice president of European Union strategic accounts Jeremy Light tells CNBC that the company sees China and the region as a target for cross border payments; Ripple recently did a partnership with Hong Kong based LianLian International to power their cross border transactions between China, U.S. and Europe; Ripple has started to make inroads into the region but has a long way to go in China; more than 100 financial institutions are signed up with Ripple, most use their xCurrent product to settle payments instantly. Source.

      Tags : blockchain, cross-border payments, Ripple
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      Comment ( 1 )

      1. ReplyJonathan
        August 17, 2018 at 8:35 am

        Is it just me or does Ripple have the capacity to become even bigger than Bitcoin given enough time? I see Ripple having a bright future ahead and being used even more than Bitcoin in 5+ years.

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