Over and above its technical rewards, XRP has a wide range of use scenarios. One among its primary apps is facilitating cross-border payments. Banks and payment companies use XRP to be a bridge currency to help instantaneous and price-efficient transfers involving different fiat currencies. This capacity is particularly beneficial for remittances,

Typically, you’d have to convert your forex to their forex, that may be expensive. With XRP, it is possible to convert your cash into XRP, mail it to your Pal, and then they will transform it into their regional currency. This method is much faster and much less expensive. RippleNet is locking in promotions with banking companies and payment p

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