Ripple reveals new clues on the future of XRP powered xRapid

by Osiris Team


Posted on Sept. 26, 2019, 2:31 p.m.
Development
Time to read: 1 min
XRP

A pair of job openings are shedding light on Ripple’s potential plans for the future of its XRP-based cross-border payment solution xRapid.

The company currently has an opening for a senior manager of business development in Singapore.

In the description, Ripple says it’s looking for someone who can find and build xRapid partnerships in Asia-Pacific countries: Thailand, Cambodia, Indonesia, Japan, Laos, Malaysia, the Philippines and Vietnam, among others.

The listing reveals plans for an extensive strategy to launch new xRapid corridors and ensure regulatory compliance.

A separate listing for a manager of business development suggests Ripple is also looking to launch xRapid in São Paulo, Brazil.


According to the opening, Ripple is looking for someone to “work with the product, account management and sales teams to help deliver volume and xRapid use cases for cross-border payments.”

Since launching xRapid in October of 2018, Ripple has officially opened two destination corridors: one in Mexico and the other in the Philippines.

At the Swiss National Bank conference in May, Ripple CEO Brad Garlinghouse discussed Ripple’s plans to expand its use of xRapid, hinting that the payments platform is up and running behind-the-scenes in both Argentina and Brazil.
“People are getting liquidity that exists in the marketplace in local regions between XRP and the Philippine peso, XRP and the Argentine peso, XRP and the Brazilian real. And it’s tapping into that liquidity that exists in the marketplace.”


Related links:
Source
Like and comment it on:

More cryptocurrency news

Latest news

Coinbase Card rolls out DAI as first supported stablecoin

Coinbase Card, a crypto-powered Visa debit card from major crypto exchange Coinbase, now supports Dai, a stablecoin pegged to the United States dollar.


Development
DAI

Dec. 6, 2019, 6:36 p.m.

Microsoft teams up with Enjin to offer crypto collectible rewards

Do good work, earn a "badger" - that's the idea behind a new incentive launched by Microsoft and blockchain gaming project Enjin.


Development
General

Dec. 5, 2019, 2:36 p.m.

Cointelegraph launches Consulting division to drive enterprise blockchain adoption

Cointelegraph has announced the launch of its Cointelegraph Consulting division, which is focused on advancing enterprise blockchain adoption by helping companies understand the potential of blockchain and then matching them with enterprise vendors to implement solutions.


Adoption Development
General

Dec. 4, 2019, 2:20 p.m.

China’s Great Firewall has blocked access to Ethereum block explorer

China's Great Firewall, used by the government to regulate access to foreign internet sites, has blocked one of the most popular sources of Ethereum blockchain data.


Development Regulatory
ETH

Dec. 3, 2019, 5:51 p.m.

Stellar’s Foundation just destroyed half the supply of its Lumens cryptocurrency

The Stellar Development Foundation has burned 55 billion of its XLM tokens, over half the cryptocurrency’s supply, CEO Denelle Dixon announced from the stage of the Stellar Meridian conference Monday.


Alerts Development
XLM

Nov. 6, 2019, 10:09 a.m.

Follow us