International payments, especially in emerging markets, require businesses to hold pre-funded accounts in destination currencies. It’s a costly endeavor that ties up resources.
RippleNet provides an alternative. Customers have the option to source liquidity required for cross-border payments with XRP and enable instant payments to and from any country in the world.
How It Works
RippleNet customers can use XRP for on-demand liquidity while still ensuring payments are sent and received in local currency on either side of a transaction.