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XRP · 158w

First Financial Institution Uses XRP to Solve the Liquidity Problem

RippleNet Grows to More Than 100 Financial Institutions https://ripple.com/insights/ripplenet-grows-to-over-100-financial-institutions/?platform=hootsuite   >######In a precedent-setting moment, **Cuallix became the first worldwide institution to use xRapid - Ripple's solution that utilizes XRP as a liquidity tool** - to reduce the cost of sending cross-border payments from the U.S. to Mexico   >...we're pleased to announce that Bexs Banco, Credit Agricole, Cuallix, Currencies Direct, dLocal, IFX, Krungsri, RAKBANK, and TransferGo, among others, joined RippledNet.   [CNBC] Ripple has over 100 clients as mainstream finance warms to blockchain https://www.cnbc.com/2017/10/10/ripple-has-over-100-clients-as-mainstream-finance-warms-to-blockchain.html   >By using Ripple's virtual currency, Cuallix will be able to lower the cost of payments from the U.S. to Mexico, Garlinghouse said. "I think we're really at a tipping point for the blockchain industry"
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