Despite its success in a number of Asian countries, China has been quite challenging market for Ripple so far. It has been reported, that the company is in talks with banks and regulators regarding the implementation of XCurrent software solution, which enables banks to message and settle their transactions with increased speed, transparency and efficiency with RippleNet members. Penetrating the Chinese market will not be easy, but Ripple are confident that this expansion will be successful and beneficial for both parties.