Banks or firms using Ripple products


Crypto Fat Cat
I thought we needed a thread to keep all of the announcements on Ripple and/or XRP adoption. Yes I know there is a difference.

Anyway, here are the latest 2 announced earlier today (CCN quotes). They are using xVia at this time which is not dependent on XRP.

“International remittance firms Singapore-based InstaReM and Sao Paulo, Brazil-based BeeTech have collaborated to tap Ripple’s blockchain product in a first of its kind partnership between non-bank RippleNet members. Using the platform will benefit their clients with faster, low-cost money transfers, the two companies said.

The service kicked off this week, connecting the two payment providers in a number of markets including Southeast Asia, South America and Europe. For instance, BeeTech customers will be able to make real-time transfers to 60 global markets supported by InstaReM including the UK, EU and the US.”

Here’s the external link