Ripple’s XRapid to be Launched Next Month

Home / Ripple’s XRapid to be Launched Next Month

The XRapid payment network will settle cross-border payments settlements between different banks using the XRP token. In June, CTO David Schwartz said that Ripple was “not a distributed ledger,” while last month appearing to U-turn on the concept, claiming XRP was “more decentralized” than both Bitcoin and Ethereum. CEO Brad Garlinghouse is confident that major banks will use xRapid as a liquidity tool by the end of this year.

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