Ripple’s RippleNet Keeps Expanding by Adding Two New Partners

The ever-growing Ripple crypto company keeps adding services to its suite of products, and their RippleNet keeps adding partners to its roster. Ripple’s XRP is also finding its way onto a number of platforms making the token more appealing for adoption.

Malaysian-based Moneymatch, a cross-border remittances company that aims to offer convenient, cost-efficient, and secure transactions, has recently joined the RippleNet, and has already tested xVia, Ripple’s blockchain payment solution. The run made a successful transaction from Malaysia to Spain, according to local media outlet Focus Malaysia.

The RippleNet has also found another partner in MoneyNetInt, a UK-based payment gateway, which has already implemented the decentralized payment system. The company will utilized RippleNet to process it Forex services.

XRP has found itself being listed on a number of crypto exchanges as of late. Bitvo, a North American cryptocurrency exchange, has listed Ripple’s XRP on its platform. The addition of the digital asset will see itself paired against the company’s native fiat currency, the Canadian Dollar.

The retail investor focused, Cobinhood, known for its zero-fee cryptocurrency exchange now has XRP traded against both Bitcoin and the US dollar backed, USDT.

Nexo, a fintech company that provides instant crypto-backed loans, is now the “first and only crypto lender” to use XRP as collateral. Commenting on the company’s official Twitter account:


“XRP-backed loans are now available on the Nexo platform, making us the first and only crypto lender to onboard #XRP as collateral.

Get instant access to cash while keeping the upside potential of your XRP! #HODL #Ripple”