Ripple Payments expands its business to 70 markets

Ripple, a blockchain company, has expanded the coverage of its Ripple Payments payment network to 70 markets. According to the blog, with the expansion, Ripple will further optimize the efficiency of cross-border payments using the blockchain. Moreover, the service will facilitate the transition to digital assets by optimizing cross-border payments using the blockchain. Ripple has partnered with fintech company Onafriq to open new remittance corridors between Africa and the Gulf Cooperation Council, the UK, and Australia. The partnership uses Ripple Payments technology to solve common cross-border payment problems such as transfer delays and high costs, potentially improving the remittance process in Africa.

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