Ripple Launches Africa Service To Enable Cross-Border Crypto Payments For Corporate Clients
Portfolio Pulse from Khyathi Dalal
Ripple has upgraded its payments platform to expand its business interests in the U.S. and Africa. The new platform, Ripple Payments, targets corporate clients in the U.S. with cross-border payments solutions. The company also announced a partnership with African fintech Onafriq to facilitate cross-border crypto payments between Africa and other markets. Ripple's XRP token price has rallied 37% in the past month.
November 08, 2023 | 5:26 pm
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Ripple's XRP token price has rallied 37% in the past month, potentially due to the company's expansion plans and platform upgrade.
The news of Ripple's expansion into the U.S. and Africa, along with the upgrade of its payments platform, could have contributed to the recent rally in the price of its XRP token. The partnership with Onafriq could also open up new markets for Ripple, potentially driving further demand for the XRP token.
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