Two More Companies Sign On to Test Ripple’s XRP in xRapid Pilots
IDT Corporation and Mercury FX announced Wednesday that they would pilot Ripple's XRP token to facilitate real-time, low-cost international transfers.
PNC Bank's Treasury Management division is to begin accepting cross-border transactions using Ripple's xCurrent product.
Foreign exchange brokerage Currencies Direct successfully completed several international transfers using Ripple's xRapid product.
Money transfer giant MoneyGram will use Ripple's xRapid and the XRP cryptocurrency to settle cross-border transactions as part of a new partnership.
Ripple's xRapid pilot program results found that customers saved both money and time when compared to traditional cross-border transactions.
Santander UK is working with Ripple to allow customers to make international payments using a new mobile app.