📢 RippleNet members exceed 100, global payments usher in a new era! 🌐

In the long run $XRP

As payment volumes continue to grow, more and more financial institutions are leveraging XRP to unlock the full value of the blockchain. More than 100 financial institutions have joined RippleNet, Ripple’s enterprise blockchain network, to modernize global payments.

🔹 New members: The newest members include AirWallex, Bexs Banco, Credit Agricole, Cuallix, Currency Direct, dLocal, IFX, Krungsri, RAKBANK and TransferGo, all leveraging RippleNet to provide instant, low-cost global payments.

🔹 Global Connectivity: RippleNet members can easily connect to other Ripple-enabled financial institutions, enabling new revenue opportunities and improving customers’ payment experience. For example, SEB has processed more than $180 million in payments via RippleNet for corporate clients between Sweden and the United States.

🔹 XRP Liquidity: Using the digital asset XRP, RippleNet members can fund payments on demand anywhere in the world, freeing up more than $5 trillion in pre-funded funds for other business needs.

🔹 Business payment volume: SBI Remit and Siam Commercial Bank have successfully enabled cross-border remittances, and Krungsri has sent instant payments on behalf of large enterprises in Southeast Asia, which all show the strong potential of RippleNet.

🔹 Global presence: Ripple has offices in San Francisco, New York, London, Luxembourg, Mumbai, Singapore and Sydney, and has more than 100 customers around the world.

Santander (USA)

Canadian Imperial Bank of Commerce (Canada)

Kotak Mahindra Bank (India)

Itaú Unibanco (Brazil)

IndusInd (India)

InstaReM (Singapore)

BeeTech (Brazil)

Zip Remit (Canada)

LianLian (China)

RAKBANK (United Arab Emirates)

IFX (UK)

TransferGo (UK)

Currencies Direct (UK)

Airwallex (Australia)

SEB (Sweden)

SBI Remit (Japan)

Siam Commercial Bank (Thailand)

Krungsri (Thailand)

Brad Garlinghouse, CEO of Ripple, said: “Global payments are undergoing a sea change, and it is natural for financial institutions to adopt blockchain to improve customers’ payment experience.”