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Let's Look At Why $XRP and $XLM are looking more and more like $52 = $XRP and $12 = $XLM
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Mastercard's integration of Ripple's XRP into the SWIFT system marks a big change in payment processing. This partnership could reshape how financial businesses manage cross-border transactions. As both companies work to enhance billing efficiency, they point out the growing importance of digital assets.
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Ripple bought a $30 million stake in MoneyGram in 2019, with the partnership initially set for two years. The deal allowed MoneyGram to use Ripple's product for cross-border payment and foreign exchange settlement.
Bank of America: One of the world's largest banks, Bank of America has been working with Ripple for a long time. Some of Bank of America's senior executives have helped set up RippleNet's compliance.
PNC Bank joined Ripple in 2016 to improve its network speed. With 12 million users, the RippleNet service allows the bank to provide quick payments.
Santander Bank is a leading financial institution that offers various banking and investing services. It has joined forces with Ripple to make sending money.
Over 500 Organizations Now Working With Ripple With Many 'Using XRP as Bridge Currency' Fiona Murray, Ripple's VP of Sales in APAC, reveals how more than 500 companies are working with Ripple and using XRP as a bridge for cross-border payments.