Ripple States that 3 major companies dealing with remittances, will start to use XRP in 2018

Ripple States that 3 major companies dealing with remittances, will start to use XRP in 2018

Three of the five largest companies of money transfers worldwide will implement a token XRP in your Ripple payment system this year.

In an official tweet on this subject, however, does not say what it’s for partners. Such a communication policy of the company is often criticized. For example, recently Ripple said that more than 100 financial institutions intend to use the product xCurrent, a platform for the exchange of messages. Token XRP on this platform is not used, but many new investors mistakenly took it for the support XRP these institutions.

See also Forecast the price of Ripple to 2018 (updated version)

Previously it was known only one company – the Mexican financial firm Cuallix, which announced the use of XRP, for cross-border remittances.

But the company’s tweet and comments to CoinDesk from Ashish Birla, Vice President, product at Ripple, make you think that this year these companies will be more.

In addition, in response to an article in the New York Times, which questioned the use of the token XRP in the exchange and the review of the Executive Director Ripple brad Garlinghouse stated that he personally discussed the possibility of using XRP with many banks and payment services in recent months .

Over the past few months I have spoken with many banks and providers of payment services. They do plan to seriously use xRapid (our product based on XRP).

Despite the fact that recently the price of Ripple has reached almost $ 4, Coinbase has denied rumors that they plan to add this token to their projects.

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