In 2018, RippleNet has dramatically expanded its reach and network. This year we’ve seen massive customer growth quarter over quarter, signing an average of two production customers per week. RippleNet has also become a truly global network, powering faster, cheaper and more transparent cross-border payments to over 40 countries and six continents. Today, RippleNet takes another step forward to change the way money moves. RippleNet is now providing on-demand liquidity to financial institutions for cross-border payments using the digital asset XRP . xRapid, the Ripple product powering these transactions, is commercially available and moving into production with multiple customers, including MercuryFX , Cuallix and Catalyst Corporate Federal Credit Union . xRapid eliminates the need for a pre-funded nostro account when executing a cross-border payment. It sources liquidity from XRP on exchanges around the world. As a result, cross-border transactions ...
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