Ripple and R3 Reach Settlement

▤ Summary

SAN FRANCISCO--( BUSINESS WIRE )--Ripple Labs Inc., provider of the leading enterprise blockchain solutions for payments and XRP II, LLC, release the following statement today:Ripple provides one frictionless experience to send money globally using the power of blockchain.By joining Ripple’s growing, global network, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively.Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets.With offices in San Francisco, New York, London, Luxembourg, Mumbai, Singapore and Sydney, Ripple has more than 100 customers around the world.

▦ Linked Companies