Ripple continues to advance successfully in the world thanks to its technology. Ripple projects are extremely efficient and reliable. Gradually, Ripple really takes leadership in terms of financial technology. Further promotion of Ripple depends on a number of events. So, Bitso exchange shows new XRP liquidity records, MoneyGram began to cooperate with LuLu in the UAE, BAC Florida is a client of Ripple, and Tranglo Sdn Bhd integrates RippleNet.
Ripple continues to advance: Bitso and MoneyGram
Ripple XRP has reached a new record high on the Mexican stock exchange Bitso on the liquidity index. Now, Ripple XRP volumes on Bitso are 10 249 983. Ripple XRP continues to actively gain momentum on the Mexican exchange. Also, a partner of Ripple MoneyGram announced a partnership with UAE financial giant LuLu Financial and its crypto exchange LuLu. This not only means the opportunity for MoneyGram to use all 200 LuLu Financial branches around the world, but also the likelihood of a payment corridor on Ripple in the UAE.
Recently it became known that BAC Florida could have been a Ripple customer since 2019. Details were posted from the 2018 BAC Florida annual report. It states that in 2019, the financial institution planned to continue digitalization efforts through collaboration with Ripple.
Ripple in the report was named a technology company that uses blockchain technology to provide faster and safer options for settlements and transfers. The integration of Ripple was to show BAC Florida’s desire to seek innovative solutions and better serve customers. Given that there were no other documents refuting this information, Ripple’s cooperation with BAC Florida could indeed have taken place for a year now.
Tranglo sdn bhd
Tranglo Sdn Bhd’s global payment processing center integrates RippleNet. In November 2019, 4 Tranglo Sdn Bhd employees appeared at the Ripple Swell conference, namely senior software developer Darren Co, iOS developer Shah Case, technology expert Alex Pi and vice president of product Marcus Tan.