The Crypto Giant Targets International Payments In Emerging Markets In Their Latest Offering.
- Ripple have released a commercial that promotes their cross-border paymentment system.
- You can view the ad below.
- The ad gives us a clue as to how the Ripple Network can help ordinary folk send their money overseas quickly and without fuss.
- RippleNet offers the most advanced blockchain technology for global payments—making it easy for financial institutions to reach a trusted, growing network of 200+ providers across 40+ countries and six continents.
- International payments, especially in emerging markets, require businesses to hold pre-funded accounts in destination currencies. It’s a costly endeavor that ties up resources.
- RippleNet provides an alternative. While any financial institution on the network enjoys reliable, instant and lower-cost transactions, those who use the digital asset XRP to source liquidity can do so in seconds—freeing up capital and guaranteeing the most competitive rates available today.
Uncle Bob is veteran of the crypto game. None of what is written should be taken as financial advice and before investing everyone should do their own due diligence.
Uncle Bob has a well followed crypto related twitter account and can be viewed here