Ripple Adds Australia’s one of the “Big Four” Banks to its Customer List

  • Westpac makes it to Ripple’s customer list
  • Ripple has its hands full with xRapid customers, said Asheesh Birla, SVP of Product at Ripple
  • Ripple has added ‘Westpac’ to its list of customers, as noticed by a Ripple enthusiast.

A member of the, musclehog stated that Westpac wasn’t on the list of Ripple’s customers at the start of last month. He further shared that he asked the bank about the usage of XRP for transfers on Twitter.

Westpac is one of Australia’s “big four” banks and the first and the oldest banking institution of the country as well.

Established in 1817 as the Bank of New South Wales, Westpac is headquartered at Westpac Place in Sydney. As of March 2018, Westpac has 14 million customers and was recognized as the most sustainable bank globally, four times in a row, in the Dow Jones Sustainability Index.

Reportedly, the bank doesn’t make use of the digital asset ansn is part of RippleNet.

Westpac might have got into Ripple’s customer list now but the bank has been working with Rippel for a long time now.

It actually goes back to 2015 when Westpac Banking Corporation and Australia and New Zealand Banking Group experimented with the peer-to-peer transfer on Ripple protocol.

Ripple has its hands full with xRapid customers

Westpac might not be a new partner but Ripple surely is busy with its xRapid customers as shared by Asheesh Birla, SVP of Product at Ripple.

The first ever pan-European payment system EquensWorldline, which is an amalgamation of top payment networks has also partnered up with Ripple.

Recently, the second-largest money transfer platform in the world, MoneyGram announced that it has started using XRP powered xRapid.

Amidst these developments, the digital asset has been trading at $0.326 with 24 hours gains of 1.55%, at the time of writing.

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