MercuryFX has successfully used Ripple's xRapid to reduce transfer costs by about 500,000 yen and around 31 hours!
RippleNet Participating Companies Successfully Completed High-Value Remittance Using XRP
Mercury FX, based in the United Kingdom, reported on the 18th that it sent 3,521.67 GBP (about 500,000 yen) from the UK to Mexico, and the XRP transfer was completed in just a few seconds.
1/1 We've made our largest payments across RippleNet using#XRP– 86,633.00 pesos (£3,521.67) from the U.K. to Mexico in seconds.pic.twitter.com/WsHJuZTiOy
— Mercury-fx Ltd (@mercury_fx_ltd)January 17, 2019
【Japanese Translation】
On January 1, we completed our largest-ever remittance (about 500,000 yen) between the U.K. and Mexico in just a few seconds. (XRP)
Mercury FX is a participating company in Ripple’s international remittance service, known as “RippleNet.” (XRP)
The company is one of the first to adopt the international remittance service xRapid (X-Rapid), which was announced at the large conference Ripple SWELL held in October 2018, and
has been conducting live tests of international settlements to Mexico and China since August 2018, prior to Ripple SWELL.
【Table of Contents for this Article】
1: RippleNet participating companies successfully completed high-value remittance using XRP
2: Mercury FX demonstrates the benefits of xRapid
3: Since January 2019, 13 more companies began using xRapid
4: Related articles of interest about Ripple
5: Related articles you want to read now
