On August 16, xRapid, Ripple’s cross border payments product that minimizes liquidity costs, announced that Bittrex will act as the preferred digital asset exchange for xRapid transactions that move through US Dollars. In addition, Bitso and Coins.ph will be preferred for Mexican Pesos and Philippine Pesos, respectively.
“Bittrex is one of the biggest names in digital asset trading in the U.S. The same goes for Bitso in Mexico and Coins.ph in the Philippines. That makes today’s announcement an important development for xRapid,” – said Cory Johnson, Chief Market Strategist at Ripple. – “We’ve seen several successful xRapid pilots already, and as we move the product from beta to production later this year, these exchange partners will allow us to provide financial institutions with the comfort and assurance that their payments will move seamlessly between different currencies.”
On August 17, the all-in-one wallet to secure, manage and exchange blockchain assets, Exodus announced that Ripple is now supported in Exodus.
“You can now send, receive, and exchange to and from Ripple in Exodus. This is not a drill; Ripple is now supported in Exodus. We’ve been looking forward to writing these words for quite some time now and are overjoyed to finally share the good news”, – wrote the Exodus team.
The wallet has also added TrueUSD (TUSD), its first stablecoin, for sending, receiving, and exchanging as well.