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Ripple Processes $30B in 20M Transactions Within 70 Payout Markets

Ripple has processed nearly $30 billion in up to 20 million transactions using its global proprietary payments solution, RippleNet, since its launch. This was disclosed in a quick guide on how companies can streamline Treasury payments with RippleNet. Ripple's payments solution promises a broad range of offerings to help facilitate more efficient treasury flows for businesses, including access to Ripple's extensive global network. The solution has expanded to almost 70 payout markets globally, with recent additions such as Brazil, Singapore, Malaysia, France and Sweden, representing up to 90% of the global foreign exchange market. Ripple seeks to address issues with treasury flows with its payments solution, and Pyypl is one platform that leverages the solution to streamline its treasury flows.

(By ALBERT BROWN)

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