xRapid, Ripple (available on Binance)’s XRP-powered platform, is almost ready to be launched to the public.

xRapid Ready for Liftoff

Cory Johnson, Ripple (available on Binance)’s Chief Marketing Strategist, commented on Ripple (available on Binance)’s latest announcement stating that the company’s xRapid pilots have gone as planned.

Johnson said:

“We’ve seen several successful xRapid pilots already, and as we move the product from beta to production later this year, these exchange partners will allow us to provide financial institutions with the comfort and assurance that their payments will move seamlessly between different currencies.”

Last week, Ripple (available on Binance) announced that it signed partnerships with three major crypto exchanges for xRapid. Ripple (available on Binance) is working with Bittrex, a major crypto exchange in the US, and it has become the preferred for xRapid transactions that move through the US Dollar.

“Bittrex is one of the biggest names in digital asset trading in the U.S,” said Cory Johnson, Chief Market Strategist at Ripple (available on Binance).

Ripple (available on Binance) also signed partnerships with Bitso, for the Mexican Pesos, and Coins.ph, for the Philippine Pesos.