Ripple Confirms Crypto-Powered xRapid ‘Global Expansion’ Plans

XRP, Ripple
San Francisco-based Fintech Ripple has big plans for crypto-token XRP as a remittance product. | Source: Shutterstock

By CCN.com: Asheesh Birla, the senior vice-president of product at San Francisco-based Ripple, recently revealed that the company has aggressive expansion plans for xRapid, its XRP-powered crypto remittance platform.

Ripple’s vision of changing the payments landscape

During an ask-me-anything session hosted by Ripple’s Ginger Baker, Birla said that the company is in the process of expanding its cross-border payments platform to more countries across the globe. He said:

On demand liquidity is available today in Mexico and the Philippines. So far, the positive responses from our customers in those two countries has (sic) been overwhelming. But we are working on the next set of destinations, which we will be announcing in hopefully short order here.

I know our product teams and marketing and engineering teams are working hard to light up those next set of destinations so that we can provide our customers with increased choice in terms of global expansion.

Ripple can partner with cryptocurrency exchanges across the globe that are capable of accepting fiat currency from banks. It then converts fiat money into XRP and transmits it to the destination, where it is instantly converted back into fiat.

Chris Larsen Ripple
Ripple co-founder...

TokenMarket and BECON Global partner for its Crypto Economy World Tour

TM Becon

Wednesday 9, May, 2018 - The award winning advisory firm TokenMarket has partnered with BECON (Blockchain Ecosystem Network) for its Crypto Economy World Tour, that takes place in over 10 different countries across 4 different continents.

BECON is set to host its next crypto economy event in New York on May 13th, 2018. This event will kick off its third leg of the tour with Michael Terpin delivering a keynote presentation on ‘Investing in the Crypto Economy”. In partnership with TokenMarket, BECON have organised a networking and drinks event on May 13, 2018 in New York prior to the Crypto Economy conference. BECON have successfully organised numerous networking receptions producing a high turnout of guests, investors and industry through leaders in New York.

The Crypto Economy World Tour has previously hosted events in; London, Amsterdam, Barcelona, San Francisco, Austin and Singapore. These series of events generated...