First Financial Institution Uses XRP to Solve the Liquidity Problem
RippleNet Grows to More Than 100 Financial Institutions
>######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
>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"