Ripple has been recognized as the "Best Cross-Border Payments Platform" by Juniper Research in its Fintech & Payments Awards, earning the title of "platinum winner."
Despite this major accolade, XRP, the cryptocurrency associated with Ripple, continues to struggle, trading at $0.53 and remaining in the red.
This isnât Rippleâs first recognition by Juniper Research; last year, the company was also praised for its innovation in central bank digital currencies (CBDCs). However, these achievements have had little impact on XRPâs price performance.
Juniper Research's awards highlight innovation in various sectors, including fintech, banking, payments, and fraud prevention. Other companies recognized include SAP Fioneer for banking-as-a-service, TreviPay for banking innovation, and Napier AI for anti-money laundering innovation.
Ripple was featured alongside notable companies like Boku, Airbase, and Huawei in the payment innovation sector, reinforcing its role as a key player in the fintech space.
