Ripple has dominated the cryptospace owing to its numerous collaborations, with the latest announcement being its participation in the Saudi British Bank’s (SABB) initiative for Instant Cross-Border Payment Service. At the recent Euronet conference call, Michael J. Brown, Chairman, CEO and President, announced to the world, yet another partnership that will excite the Ripple ecosystem. The partnership is between Ria Financial Services and Ripple.
The collaboration between the two companies is aimed at increasing the physical and digital footprint of Ripple, while allowing Ria’s customers to “connect and transact with Ripple’s network of more than 200 financial institutions worldwide.”
The information was first brought to light by Twitter user, @ANT159694954, who quoted a statement made by Brown,
“We signed an agreement with Ripple that gives a Ripple access to Ria’s global physical and digital footprint, also allowing Ria’s customers to connect and transact with Ripple’s network which includes more than 200 financial institutions worldwide”
Several users on Twitter received this news with great enthusiasm. @EasycareLndscpe replied to the post, saying,
“THIS IS HUGE!!!!!!!!!!!!!! HERE WE GO!”
While the Euronet C-suite disclosed no further information regarding the tie-up, Brown openly invited similar players in the market to join them in order to “gain mutual benefit and improve margins.”
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