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What Is XRP? A Brief History of the Real-Time Gross Settlement System


While Ripple has its critics, there exists a passionate ‘army’ of XRP advocates who firmly believe it represents the future of decentralized finance and cross-border settlement. In this Learning and Insights guide, our objective is to walk you through a brief history of Ripple and...

JPMorgan Mulls Blockchain-Based Deposit Token, Report


America’s biggest bank by assets, JPMorgan Chase, is exploring a blockchain-based deposit token for cross-border payments and interbank transfers. If approved by regulators, the banking giant may create the digital asset, which would be different from its existing JPM Coin as it could be used...

Ripple Acquires Crypto Financial Services Company Fortress Trust 


Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple...

Kenyan Fintech Startup Kotani Pay Receives $2 Million Pre-Seed Funding


The Kenyan fintech startup Kotani Pay has raised $2 million in a pre-seed funding round which was led by P1 Ventures. The capital raised will be used to fund the startup’s expansion into five African countries. Felix Macharia said his firm is working with central banks, some of whom...

Tron’s cross-border payments: Unlocking financial inclusion


In blockchain technology, Tron stands out as a prominent platform renowned for its remarkable speed and scalability. This has earned it widespread recognition in diverse industries, including the ever-thriving online gambling sector. Among the various applications that Tron has offered,...

Ripple and BIS Partner for Cross-Border Payments Interoperability Task Force


Ripple has partnered with the Bank for International Settlements (BIS) to join its cross-border payments interoperability and extension (PIE) task force. In a Wednesday tweet, the BIS shared a summary of its recent PIE task force meeting, which claimed that the members of the task force will work...

Over 10,000 South African Retail Outlets Now Accept Momint Crypto Vouchers


Momint, a Web3 marketplace app, has said South African residents can now use cryptocurrency to purchase shopping vouchers which are accepted by over 10,000 retailers. The Momint app can also be used to send cross-border remittances at a fraction of the fees charged by regular money transfer...

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