The Philippines’ leading digital wallet provider and crypto exchange platform Coins.ph will partner with a money transfer company in Japan OK Remit to enable cross-border transfers via RippleNet.
It became known that the Philippines’ leading digital wallet provider and crypto exchange platform Coins.ph will partner with a money transfer company in Japan OK Remit to enable cross-border transfers via RippleNet. Coins.ph CEO Wei Zhou commented:
Overseas Filipino Workers are too often forced to rely on outdated, slow-moving and expensive remittance services to transfer their hard-earned money back home. Coins.ph is committed to harnessing the power of blockchain-based cryptocurrency technologies to empower Filipinos to move money across borders in a fast, frictionless, secure, compliant and affordable way, making the global currency transfer system more inclusive in the process. The ODL service we launched today with OK Remit is an exciting example of how we can achieve that.
Previously Brian Brooks stated that Ripple and SEC will settle to enable investors to continue trading & holding XRP. Also XRPL Labs announced an update to the XRPL validator.