2024

Coin

<ul class="wp-block-list news-points"> 
 <li><strong>Local banks can transform global payment challenges for SMEs.</strong></li> 
 <li><strong>Ripple’s solution would address cross-border payment issues efficiently.</strong></li> 
 <li><strong>SMEs contribute over $17 trillion in annual cross-border payments.</strong></li> 
</ul> 
<p>Ripple Labs, the FinTech company specializing in blockchain and cryptocurrency solutions for cross-border payments, has highlighted how local banks can transform global payment challenges into growth opportunities for SMEs. In a recently released whitepaper, the company detailed how its solution can tackle issues like slow, complex, and expensive global payment processing, as well as outdated financial services.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">SMEs are increasingly expanding their businesses, but struggle with cross-border payments. Local banks can transform these global payments challenges into growth opportunities with efficient, transparent solutions. Learn how in our latest whitepaper. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f30e.png" alt="🌎" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/9lis85IQlL" target="_blank" rel="nofollow">https://t.co/9lis85IQlL</a></p>— Ripple (@Ripple) <a href="https://twitter.com/Ripple/status/1829663321022239076?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 30, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Ripple aims to provide a more efficient and modern payments system with better payment choices. The company believes such solutions are crucial to support the significant growth SMEs have seen recently, contributing over $17 trillion in annua…</p>
<p>The post <a href="https://coinedition.com/blockchain-for-local-banks-ripples-whitepaper-on-sme-global-payments/">Blockchain for Local Banks: Ripple’s Whitepaper on SME Global Payments</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Blockchain for Local Banks: Ripple’s Whitepaper on SME Global Payments

Coin Edition

Other articles published on Aug 31, 2024

Weekly Article Recap: 8/26-8/30

Justin Sun Explains Crypto Over Real Estate Choices

Vitalik Buterin Reduces His Holding By 26.15% Over The Past 3 Years!

Analyst Predicts MoonBag to Reach $10 While BONE Climbs 3,500% and DOGS Rises 20%

XRP Whales Begin To Offload Millions Ahead Of Ripple’s $125M Settlement

Vitalik Buterin Says “I Don’t Sell ETH for Personal Spending” and Now It is Revealed How Much His...

Join our free newsletter for daily crypto updates!