xCurrent

Is an alternate to the Swift system employed by banks to transfer funds. It allows real-time exchange between banks, ready to "> which can be able to make cross-border settlements. xCurrent, however, doesn't require XRP and is compatible with money transfer.

xRapid
Is based on an equivalent concept as forex nz , but uses XRP for transactions within the Ripple network. As we've seen, XRP significantly reduces transfer fees, additionally to providing liquidity.

xVia

Is a solution for payment service providers. this is often an API that gives them with many essential tools, necessary for online payment.

Why invest in Ripple?

Ripple's solutions appeal to banks, bodes well for a far better future

Ethereum, Bitcoin or Litecoin all had astronomical growth in 2017 and became quite expensive cryptocurrencies today. 1 Bitcoin, for instance , is around $ 10,000. If you hadn't bought cryptocurrency before 2017, you're unlikely to realize 4-digit returns. However, there are still some very affordable cryptocurrencies out there, and XRP is one among them.

If you're trying to find a cryptocurrency that's both useful and cheap , Ripple could be for you.

From a financial point of view, Ripple is that the most interesting cryptocurrency, it aims to revolutionize the way banks make their money transfers. We believe that its adoption by banks will still increase.

XRP is one among the foremost popular currencies within the industry. This cryptocurrency currently features a market Day trading in Canada of $ 16 billion, making it the third largest cryptocurrency within the field. Investor interest during this cryptocurrency is extremely high.

Support from banks

It shouldn't be believed that banks will soon get replaced by the varied Blockchain technologies. Banks remain very powerful within the financial sphere and are constantly evolving from a technological point of view, the merger between Ripple and banks is proof of this. Unlike many bank-hating cryptocurrency enthusiasts, we believe that banks and cryptocurrencies can coexist and be complementary.

As we've already seen, Ripple has formed partnerships with several major banks. This support from banks further strengthens the credibility of the network and its cryptocurrency. Ripple is that the first cryptocurrency to possess aroused the greed of monetary institutions. Its technology allows them to save lots of several euros per transaction.

As for bank customers, they need the advantage that Ripple allows them to send funds internationally more quickly. The SWIFT Network, as we all know, is especially slow. the worth of Ripple will increase as banks adopt the solutions that Ripple offers through RippleNet.