Ripple Announces Viamericas is Using the XRP-Powered xRapid Product

    Ripple continues to expand its products and services to many other countries and companies all over the world. During the last Swell Conference, Ripple announced the public release of xRapid. This product has been created in order to allow companies to process cross-border transactions faster, cheaper and in a more transparent way.

    Now, a new company known as Viamericas will be joining the list of the companies operating using this network created by Ripple. Viamericas is a money transmitter that offers international money transfers, bill payment and check processing. At the moment, there are thousands of agent locations in the United States and around the world, specifically, in 29 countries.

    In this way, Ripple is able to show that there are several companies ready to work with the products it launches to the market.

    On the matter, Ripple announced:

    “A Game Change Global payment providers, such as Viamericas, Cuallix, IDT, MercuryFX and others are using xRapid to significantly lower their liquidity costs and send real-time payments – an industry first.”

    Additionally, Viamericas’ CEO, Paul Dwyer, said that they believe that digital assets such as XRP will play an important role in the future of cross-border payments. Although there are no more comments on the matter, it is very positive for Ripple and XRP that more companies show their interest in Ripple’s products.

    XRP is one of the most valuable cryptocurrencies in the market. At the time of writing, XRP has a market capitalization of $18.64 billion dollars and each token can be bought for over $0.46 dollars.

    During September, XRP experienced an important price increase since Ripple was going to release to the market the xRapid product and announce some important partnerships at the Swell event. Since that moment, XRP is operating stable between $0.45 and $0.55 dollars.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Bitcoin Exchange Guide News Team
    B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


    Please enter your comment!
    Please enter your name here


    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    Crypto Community Sentiment Still Bullish Despite BTC Trading 40% Lower Than Yearly High

    Bitcoin proponents had a lot of expectations from 2020, given the impending Block Reward Halving and the expected bull run. The year started as...

    Modern Monetary Theory (MMT) vs BTC to be the Main Event of 2020

    The biggest global emergency of the century, COVID-19 pandemic has the Treasury officials trying to decide on how much they can spend to fight...

    This Crisis Is A ‘Perfect Storm' For Bitcoin But We Could Be In For A ‘Prolonged Bear Market'

    Bitcoin is back in the green, recording the gains of 3.14% in the past 24 hours while volume on the top ten exchanges with...

    Banking Giant Santander to Bring One Pay FX Payment System to Mexico Utilizing RippleNet

    In 2020, the major Spain-based bank Santander is planning to roll out the One Pay FX program, its Ripple powered system for international payments,...

    Bitcoin Bull Market Won’t be Happening Immediately After the Halving: Bitmain CEO

    Bitcoin is currently trading above $6,300, still down over 14% on a year-to-date basis but up more than 60% from the 2020 low of...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.