The Bill and Melinda Gates Foundation has partnered with Coil, a startup founded by Ripple's former CTO, to provide payment services for the unbanked.
Bitcoin, the world's largest crypto by market capitalization has dropped 4.77 percent, pushing prices well below $6,400 for the first time in weeks.
MoneyTap, a blockchain money transfer app built by SBI Holdings and Ripple, has just gone live in Japan.
Ripple's "800-pound gorilla" in the room is whether financial institutions will actually use cryptocurrencies in cross-border payments.
It wasn't about what Clinton had to say. It was about putting Clinton on the stage.
During Ripple's annual Swell conference, CEO Brad Garlinghouse announced three firms that will use XRP in commercial cross-border payments.
Former U.S. President Bill Clinton highlighted the need to avoid too much regulation of new technologies like blockchain on Monday.
XRP broke records in September and was the best performer out of the world's 25 largest cryptocurrencies.
A joint venture between SBI Holdings and Ripple has moved a step closer to launching its blockchain-based payments app for consumers.