Clear Junction and Ripple have joined forces to revolutionize cross-border payments in GBP and EUR for customers in the UK and EU.
Clear Junction, with its FCA authorization and ISO 27001 certification, ensures secure and compliant payment solutions, making it an ideal partner for Ripple, a leading enterprise blockchain and crypto solutions provider.
The strategic partnership promises instant GBP and EUR payouts for UK and EU customers, thanks to Ripple’s cutting-edge blockchain solutions and Clear Junction’s secure infrastructure.
This collaboration aims to provide Ripple’s extensive customer base with instant and secure GBP and EUR-denominated payout coverage, with plans to introduce new currencies later this year.
Cassie Craddock, Managing Director, Europe at Ripple, expressed excitement about the partnership with Clear Junction, praising their support for Ripple’s use cases and expertise in cross-border payments. Clear Junction’s status as an FCA-authorized e-money institution and ISO 27001 certification further solidifies their commitment to security and compliance.
Dima Kats, Founder and CEO of Clear Junction, emphasized the importance of the partnership in enhancing their offerings in both fiat and cryptocurrency domains. The collaboration signifies the evolution of correspondent banking and the potential for growth through joint efforts.
Ripple Payments provides businesses with the infrastructure needed to leverage blockchain technology for faster, cheaper, and more efficient cross-border payments. With over 55 countries and 80 markets covered, Ripple serves hundreds of customers globally.
Established in 2016, Clear Junction offers quick and secure access to multi-currency payment accounts and treasury services for regulated financial institutions, enabling clients to reduce time to market and access new markets.
The price of XRP has seen a slight increase to $0.5276, as Ripple continues to make strides in the world of cross-border payments.
