XRP-powered solution, xRapid, was launched in October 2018, and Ripple has since extended its reach officially to the Philippines and Mexico with functional offices to its credit. The US-based blockchain Tech recently made a job alert for the position of Senior Manager of business development across Asia-pacific countries.
A couple of days ago, Ripple was listed among the top 50 most effective and efficient startups across the United States by the world’s largest professional network, Linkedln.
The recent shortlisting made it second consecutive years for Ripple, and one of the major criteria for the inclusion was the number of job requests garnered by Ripple over the year via Linkedln professional platform, judging by the data collected.
Ripple Moves to Bolster the Reach of xRapid in Asia-Pacific
In order to build on the previous successes for its global expansion, Ripple has recently made a job position available. According to the update, there is a need to employ a Senior Manager of business development across Asia-pacific countries, who is expected to carry out his duties from Singapore.
More elaborately, the potential Senior Manager of business development will work to build healthy collaborations for xRapid in Asia-Pacific countries, such as Malaysia, Japan, Cambodia, the Philippines, Thailand, and the likes. This move is seen as a means to plan for the future of the company, as it yearns to rule the cross-border payment industry with the XRP-powered solution, xRapid.
The plan to launch new xRapid corridors, according to the job listing, concurrently makes proper provision for regulatory compliance. Ripple sees the move as another opportunity to make the adoption of xRapid in Asia a reality, as it strives to drive its vision for an Internet of Value with reliable cross-border payment services.
The Senior Manager is expected to strategically source and seal partnerships with productive customers, which would aid the launching of the XRP-powered solution, xRapid in new countries. He will also work on how to gain the trust of cryptocurrency exchanges, in order to solicit support for the digital token, XRP, and xRapid.
Ripple’s CEO on xRapid at the SNB conference
At the Swiss National Bank (SNB) conference in May 2019, Brad Garlinghouse, Ripple CEO hinted the underground usage of XRP-powered solution, xRapid in Brazil and Argentina.
It can be deduced from his statement that people in the Filipino, Argentines, and Brazilians are beginning to leverage the XRP’s liquidity for seamless across border payments.