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Home » Ripple Teams Up with Clear Junction for Instant GBP and EUR Payouts
Ripple

Ripple Teams Up with Clear Junction for Instant GBP and EUR Payouts

By adminJun. 5, 2024No Comments2 Mins Read
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Ripple has joined forces with Clear Junction to improve cross-border payments in GBP and EUR for customers in the UK and EU. Clear Junction, with its FCA authorization and ISO 27001 certification, offers secure and compliant payment solutions.

A leader in enterprise blockchain and crypto solutions, Ripple has strategically partnered with Clear Junction, a global leader in cross-border payment solutions for regulated institutions. This collaboration promises instant GBP and EUR payouts for UK and EU customers, thanks to Ripple’s advanced blockchain solutions and Clear Junction’s secure infrastructure.

The goal of this partnership is to provide instant and secure GBP and EUR-denominated payouts for Ripple’s extensive customer base. Additionally, Ripple plans to introduce new currencies for its customers later this year. Cassie Craddock, Managing Director, Europe at Ripple, expressed excitement about this new partnership, highlighting Clear Junction’s support for all of Ripple’s use cases.

Clear Junction’s status as an FCA-authorized e-money institution in the UK and its ISO 27001 certification demonstrate its commitment to operational security and data protection. Dima Kats, Founder and CEO of Clear Junction, emphasized the importance of this partnership in enhancing their offerings in both fiat and cryptocurrency domains.

Ripple Payments offers businesses the infrastructure needed for faster, cheaper, and more efficient cross-border payments. Serving customers in over 55 countries across six continents, Ripple’s solutions cover more than 80 markets, accounting for over 90% of the global FX market. Established in 2016, Clear Junction provides quick and secure access to multi-currency payment accounts and treasury services for regulated financial institutions.

The price of XRP has seen a slight increase to $0.5276, with the cryptocurrency continuing to trend sideways. For more information on Ripple (XRP) and related news, check out our recommended resources.

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