Blockchain and cryptocurrency solutions company Ripple (XRP), announced a strategic partnership with Clear Junction, a global company in cross-border payment solutions for regulated institutions.
This collaboration aims to provide instant and secure payment coverage in sterling and euros for Ripple’s payment customers.
Clear Junction will streamline payment coverage by increasing the efficiency of transactions for Ripple’s customers sending payments to the United Kingdom and the European Union. The partnership also plans to introduce a number of new currencies for Ripple customers later this year.
Ripple Europe General Manager Cassie Craddock expressed her excitement about the partnership. “Clear Junction is a perfect fit for Ripple,” he said. “From the outset, it has been able to support all of our use cases, including providing sterling and euro payment coverage for our customers. “We are excited to welcome Clear Junction to our network and see this as just the beginning of our relationship.”
Clear Junction Founder and CEO Dima Kats also shared his views on the partnership:
“At Clear Junction, we work tirelessly to identify new business opportunities that will enhance our existing services in fiat and cryptocurrency. Blockchain technology and cryptocurrencies will certainly be at the center of the evolution of banking, and we are happy to partner with Ripple to be part of this process. This partnership is a great example of two organizations coming together to develop their own products and services. “We look forward to working closely with the Ripple team and hope to explore more ways to grow our partnership in the future.”
*This is not investment advice.
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