Ripple (XRP), one of the well-established cryptocurrency projects, has started its new efforts to strengthen its domain in Africa, Australia and the UK.
According to the statement made at Swell, Ripple’s annual conference in Dubai Africa, Australia And England A blockchain-based payment network system is being developed.
Within the scope of studies in these three regions, Onafriq with users in the UK PayAngel and in the Gulf Cooperation Council (GCC) Pyypl and in Australia Zazi Transfer A new blockchain-based payment corridor will be opened among its customers.
Ripple’s senior official made a statement on the issue Monica longstated that these studies and developments will pave the way for them to serve a much more comprehensive audience:
Onafriq is a major payments player serving 400 million mobile wallets in Africa. We are excited about this because it also contributes to the ability of Ripple payments to cover 90% of foreign exchange markets. The licenses we hold mean we can serve a larger market. Previously, we only served licensed financial institutions, but now we can also serve businesses and SMEs.
Ripple, which has been at war with the US Securities and Exchange Commission (SEC) for more than 2 years, continues its partnerships around the world without slowing down.
Finally Dubai The company, which received an important license from the financial authorities, demonstrated its determined attitude in this field. Also, Ripple Georgia And Colombia in various countries of the world such as centre with its banksis working on stablecoin projects.
According to CoinGecko data, in the last 24 hours 1.8% XRP, which is decreasing, at the time of writing from $0.68 is being traded.