- Top global banks adopt XRP through Volante for cross-border transactions.
- Volante’s solutions enable real-time payments and advanced messaging for users.
- Volante and Ripple’s collaboration drives increased XRP adoption, proven by the successful pilot test with a US-based custodian bank.
Major global banks are increasingly integrating XRP into their operations through the robust services provided by Volante, a leading global provider of cloud payment and financial messaging solutions. This shift is poised to redefine cross-border transactions and significantly boost crypto adoption.
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This move was highlighted by WallStreetBulls, a top crypto influencer. They underscored the far-reaching implications of Volante’s integration with Ripple’s real-time payment network, emphasizing the tangible benefits it brings to the financial ecosystem.
Volante’s cutting-edge solutions offer an array of advantages to its integrated users. These include real-time payments, advanced messaging, open banking, Application Programming Interface (API), next-generation cross-border capabilities, and blockchain/DLT technology. The integration also bolsters security and compliance for all payment types, giving businesses an upper hand in a fiercely competitive landscape.
Volante and Ripple have a strong partnership dating back to 2016. In June 2023, Volante completed a successful pilot test for the FedNow instant payments service with a major US-based custodian bank. This, along with widespread adoption by leading banks, is expected to boost the use of XRP in the crypto market.
In parallel news, the Hong Kong Virtual Asset Consortium (HKVAC) is shaking up its cryptocurrency indexes by welcoming XRP while phasing out Circle USD (USDC). This strategic shift underscores the growing recognition of XRP’s potential and its rising prominence in the virtual asset landscape. The global financial ecosystem is witnessing a transformation of cross-border transactions, and XRP is emerging as a key player in this exciting evolution.
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