Ripple is “very confident” in its plans to promote xCurrent and consolidate its market in China.

According to Sagar Sarbhai, the company’s CEO in the Asia-Pacific region, despite the early deadlines, the team was already discussing how to enter the Chinese industry by the end of 2018.

It is planned that the first step in the Chinese Market will be the launch of xCurrent software, which will quickly resolve the issue with cross-border payments.

Ripple aims at promotion in China

Sarbhai noted that during this year the company is going to release more announcements, which will tell about the features and distinctive features of Ripple to investors from China.

According to the manager, China is considered an important part of the strategy for promotion in the Asia-Pacific region.

Currently, one of the main problems for the implementation of the project is the control over the movement of capital, established in the country.

Over the past few years, the Chinese government has significantly limited the number of institutions that are allowed to conduct cross-border operations.

The post Ripple is going to capture the Chinese market appeared first on Digital Bodha.