Barclays' accelerator program, Ripple and others have backed a $1.7 million round for a new remittance startup that will use XRP.
Ripple's chief market strategist, Cory Johnson, is no longer with the company, the startup confirmed Monday.
Ripple may be offering XRP bonuses worth up to $6 million in a bid to attract engineering talent.
Remittance firms UAE Exchange and Unimoni now offer blockchain-based payments to Thailand using RippleNet.
Ripple has partnered with another 10 top universities for its international blockchain research program, bringing the total to 29.
Ripple has hired banking veteran Stuart Alderoty as its new general counsel, filling a position that had been vacant for several months.
Ripple has teamed up with a top Chinese university for a research program focused on blockchain regulation and development.
Euro Exim Bank is tapping Ripple's xRapid product, which uses the XRP cryptocurrency, for payments and settlements.
National Bank of Kuwait has joined Ripple’s blockchain-based payments network seeking faster cross-border money transfers.
Abu Dhabi-based money transmitter UAE Exchange is working with Ripple to launch blockchain remittances to Asia early next year.