Swell Singapore in 2019 is kind of a big deal. As we ramp up for the event we are going to start hearing a lot of interesting news. Swell has barely started and Ripple has already released an article revealing some great news!
Ripple starts off by saying,
"Today, we are thrilled to announce that we have surpassed 300 customers. We have also seen 10x year-over-year growth in transactions on RippleNet, our global network of banks, financial institutions and payment providers that sends money globally, instantly and reliably for fractions of a penny."
Surpassing 300 customers is a huge milestone. Seeing 10x the growth every year is even a bigger one. The Ripple ecosystem is constantly expanding and we can see the "Ripple Effects". If you aren't excited as an XRP investor then wait until you read this.
Ripple also stated,
"In less than a year since the commercialization of ODL (on demand liquidity), we have seen tremendous growth and customer interest with two dozen customers signed on to use the product. Some of the notable customers committed to using ODL include MoneyGram, goLance, Viamericas, FlashFX and Interbank Peru. There have been more than 7x the number of transactions using ODL from the end of Q1 to the end of October."
"ODL (on demand liquidity) first launched offering payment corridors in Mexico and the Philippines. But since then new Corridors have since expanded to Australia, with Brazil coming soon. Plans for additional corridors across APAC, EMEA and LATAM are in progress for 2020."
The Ripple takeover started a few years ago. At this moment in time it looks like theres no stopping the rocket ship. More Corridors equals higher demand for XRP. BOOM!
Companies attending Swell:
360kompany AG Abu Dhabi Global Market Akbank Al Fardan Group AlphaNU American Express Amore Finance Ansari Exchange LLC ANZ Banking Group Ltd Apply Financial Atlantis Pegamentos Electronicos Australia and New Zealand Banking Group Axis Bank Azimo Banco Bradesco Banco Rendimento Banco Topazio Bank of Ayudhya BBVA BeeTech Belfius Bank NV BFC Group Holdings WLL Bitrue Bitso Bluezelle BR Law Corporation Brdgepay Brella BTC Markets Cambodia Commercial Bank Plc. Cambridge Global Payments Chainanalysis Citibank Coinfirm Coingate.com Coinone Transfer Coinpost Coins.ph ComplyAdvantage CrizCroz Corp Crown Agents Bank Cumberland DRW CurrencyFair Singapore Pte Ltd CYS Global Remit Pte Ltd DBS Bank Deemoney – Sawasdeeshop Deloitte Deutsche Bank EFTLab Emerging Payment Association Asia EQIBANK Euro Exim Bank Ltd Eurogiro Everis Farallon Law Corporation Faysal Bank Finablr Financial House Limited FlashFX Frente Corretora G-20 Strategies AG GMT Tech Innovation Ltd Grupo Santander GSR Hanshan Money Express Pte Ltd Hermes Bank Huobi IBM Impiro Indian Institute of Technology Bombay Indusind Bank InfosysCompaz Interag Group Interbank Intergalaxy International Institute of Information Technology, Hyderbad iPAY Group I-Remit Jetixa Keyrock Krungsri Bank Kuwait Finance House Lalit Money Laxmi Bank Limited Legatum Lexbridge LLC Lipis Advisors Liquid Group Inc Lloyds Banking Group Lulu International Exchange Manifold Maybank MD Consulting Mercury FX Mlife Modern Assets Australia Money Sdn Bhd MoneyMatch MoneyNetInt Ltd MUFG Mutual Trust Bank Ltd Naspers Fintech/Payu National Payment Corporation of Vietnam Navigate Global Payments Novatti Group Limited NUS School of Computing OCBC Bank Octillion S.A. Onchain Custodian Pte Ltd Ping Express Pontual – Usend Protiviti Qiwi Blockchain Technologies QNB Quona Capital R5FX RAKBANK RationalFX RegPac Revolution Revolut Riverview Mobility Solutions Pte Ltd RNS Solutions Pte Ltd SBI Liquidity Market SBI Ripple Asia SendFriend Seven Bank Ltd Softbank St. Cross College, Oxford Standard Chartered Bank Strongview Thai Bankers Association The Asian Banker Thunes Top Remit Trace Financial Tranglo Sdn Bhd TransferFriend TransferGo Traydstram Truevo Tus Data Asset U Remit UAE Exchange UCL Unimoni Unionbank of the Philippines Uniteller University College London University of Berkeley University of St. Gallen Uremit International USSC Volt Bank Wave Financial Wesleyan University Whites Group Widus Partners Wowoo Exchange Singapore Yes Bank