- Mercury FX announced that they had made their largest payments using XRP on RippleNet (£3,521.67 or $4,552.41).
- Ripple continue to display real-world use cases in addition to signing over 200 customers
- Ripple demonstrates the value of achieving disruption without displacement of the traditional financial system.
Mercury FX, a UK company that brands itself as a “hassle-free and cost-effective alternative to banks for receiving and sending international currencies” recently teamed up with Ripple and announced that they had processed their largest payments across Ripple Net using XRP (£3,521.67 or $4,552.41, from UK to Mexico). They cited that UK based Mustard Foods was able to save £79.17 and 31 hours on the transaction. Mustard Foods is a food production company that supplies over 500 restaurants in the UK and Europe. They’ve benefitted from Ripple Net by being able to make faster and cheaper payments to suppliers in order to get their ingredients more quickly.
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