The co-founder of FlashFX, a fin-tech company making use of XRP for cross-border payment, has said it is possible for XRP to get an additional 20 corridors this 2020.
During an interview with a prominent XRP cryptocurrency Youtuber Crypto Eri, co-founder Nicolas Steiger made the disclosure highlighting his firm’s experience with Ripplenet, and On-Demand Liquidity, formerly referred to as xRapid.
FlashX has been a longtime partner of Ripple, the co-founder narrated how they got linked with Ripple, and how they are making waves in prominent payment corridors making use of Ripple’s ODL.
Nicolas Steiger, whose firm is based in Australia, spoke about the New Payment Platform (NPP) in the country, expanding on how the idea came into existence.
While the New Payments Platform (NPP) does not run on Ripple, according to him, it is a centralized platform facilitating real-time settlements and clearing of payments among participating Australian financial institutions. The idea makes it simple to move money in a simpler, smarter and faster way.
Nicholas said with FlashFX’s partnership with Ripple and integration with NPP, the firm is trying to help those whose payments are coming into Australia to get a realtime movement of their funds into a number of banks in the country.
Talking on the number of Corridors XRP ODL will service in 2020, the co-founder of FlashFX said it possible it Ripple adds around 20 new corridors in 2020.
FlashFX partnered Ripple in 2016, launching a brand new foreign exchange payment solution for the people of Australia then. FlashFX is built on Ripple and makes use of XRP digital currency for liquidity.