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Tuesday, October 2, 2018

Startup Ripple signs up payments firms for crypto-based platform

NEW YORK (Reuters) - Three companies that provide cross-border payment services plan to use technology developed by startup Ripple that employs cryptocurrency XRP to speed transactions, the firms said on Monday.

Ripple, a large holder and promoter of XRP, said its platform for cross border payments, called xRapid, is now commercially available and that it had signed up firms Cuallix, MercuryFX and Catalyst Corporate Federal Credit Union as clients.

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