Ripple has teamed up with Clear Junction to enhance cross-border payments in GBP and EUR for customers in the UK and EU. Clear Junction’s FCA authorization and ISO 27001 certification ensure secure and compliant payment solutions.
In an exciting development, Ripple, a leading enterprise blockchain and crypto solutions provider, has announced a strategic partnership 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 cutting-edge blockchain technology and Clear Junction’s secure infrastructure.
The aim of this partnership is to provide instant and secure GBP and EUR-denominated payout coverage for Ripple’s wide customer base. Additionally, Ripple plans to introduce a range of new currencies for its customers later this year. Cassie Craddock, Managing Director, Europe at Ripple, expressed her enthusiasm for the partnership, highlighting Clear Junction’s support for all use cases and their expertise in cross-border payments.
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 significance of the partnership in enhancing their offerings in both fiat and cryptocurrency domains.
Ripple Payments offers businesses the infrastructure they need for faster, cheaper, and more efficient cross-border payments using blockchain technology. With payout capabilities in over 80 markets, Ripple serves hundreds of customers across six continents. Established in 2016, Clear Junction provides 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. Stay tuned for more updates on Ripple and XRP news.