Ripple enables banks, payment providers, digital asset exchanges and companies to send money globally using advanced blockchain technology. It provides real-time gross settlement system, currency exchange and remittance. It facilitates international payments for 300 institutional clients including Santander and Standard Chartered. In 2019, it sold over $500 million worth of XRP, allowing the company to expand and invest in MoneyGram too!
In this interview, Ripple CEO Brad Garlinghouse discusses how crypto is shaking up the money transfer industry.