Big Chinese Payment Provider Joined RippleNet
February 8, 2018
One of the largest payment service providers in China LianLian has got involved into RippleNet, a payment net which uses Ripple blockchain technology for cross-border payments.
LianLian is going to enable xCurrent platform for fast international payments by existing customers. The platform varies from another Ripple solution xRapid which uses XRP tokens for the process.
“With RippleNet, we will further enhance that experience by offering customers instant, blockchain-powered payments across the 19 currencies that we currently support”, as LianLian International CEO Arthur Zhu claimed.
As the Ripple official website says, partnership with LianLian allows for current RippleNet participants to interact with the Chinese market.
Today xCurrent platform is being exploited in more than 100 companies.