Money Sender Azimo to Use Ripple Tech and XRP for Philippines Remittance Corridor
European money transfer service Azimo is tapping Ripple's On-Demand Liquidity and XRP to speed up remittances to the Southeast Asian nation.
Ripple engineer Nik Bougalis has proposed a method of shielding transactions on the XRP ledger.
While the lawsuit against Ripple Labs still alleges the firm broke securities laws, the plaintiffs now seem to be hedging their bets.
The Abu Dhabi Global Market has become an attractive jurisdiction for crypto companies since it introduced digital asset regulation in June 2018.
DeeMoney has become the first non-banking institution to use RippleNet in Thailand.
Ripple CTO Schwartz said a feature is being developed to allow asset-backed tokens to be minted on the platform.