World Bank Praises Ripple and XRP-Based xRapid, Says Technology Could Transform Cross-Border Payments

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The World Bank is praising distributed ledgers and calling out Ripple’s xRapid as a potentially transformational technology. A new post written by members of the Better Cash Alliance and the World Bank’s senior financial sector specialist Marco Nicoli calls traditional business to business remittances “slow and opaque”, requiring intermediaries that often lead to higher costs […]

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