Ripple Labs has announced partnerships with Paris-based payment provider Lemonway and Sweden-based transfer provider Xbaht.
Ripple Labs, the parent company of cryptocurrency XRP, continues to expand on a global scale. Especially despite the recent fraud and bankruptcy events, Ripple company gives confidence to its partners. Finally, the company has partnered with two platforms based in France and one based in Sweden.
Ripple Labs Partners with Lemonway and Xbaht
The Ripple company, which has not fallen off the agenda with the SEC lawsuit, maintains its credibility, especially in the crypto sector. The company is signing new collaborations as part of its global expansion.
Ripple, which has partnered with Paris-based Lemonway, which provides payment services for online marketplaces, also announced its partnership with Sweden-based money transfer provider Xbaht soon after. It was claimed that the partnerships were made for their new system called Ripple Liquidity Center.
Young, the company’s European representative, expressed his satisfaction with the work done during the difficult days of the crypto market. Young also said:
It is not pleasant to see other companies struggling in this market environment, but we find ourselves growing fast and we are also well funded. We are opportunistically looking at some strategic investment opportunities.
The legal struggles and development efforts of the company give positive signals in terms of XRP.
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