- Ripple and Singapore’s Thunes have partnered to streamline cross-border payments using XRP and blockchain technology.
- The collaboration focuses on “last-mile delivery,” enabling real-time payouts in local currencies, even in regions with limited banking access.
- XRP price reacted positively, climbing above $2.83, with bulls now watching for a breakout past $3 and possibly toward $4.
Singapore’s top payments company, Thunes, just shook hands with Ripple in a deal that could change the way cross-border payments are handled. Announced Tuesday, the partnership focuses on making transactions smoother from start to finish—basically removing the clunky, slow processes that frustrate both senders and receivers. With global demand for digital financial services only getting louder, this move could be a big win for Ripple’s XRP, which bulls now eye pushing above the $4 mark.
Thunes Taps Ripple for Real-Time Blockchain Payments
Under this deal, Thunes will plug into Ripple’s blockchain-powered payment rails to deliver real-time payouts in local currencies. Using Ripple’s Direct Global Network, Thunes aims to fix the “last-mile delivery” problem—reaching areas where traditional banking still struggles, especially in remote parts of Singapore and beyond.
COO Chloe Mayenobe made it clear that Ripple’s ecosystem is central to their vision, saying:
“Members across both traditional finance and digital assets connect with Thunes. We’re in the perfect spot to bridge these two worlds. Partnering with Ripple lets us scale compliant, real-time, cross-border payments while keeping them accessible to everyone.”
Why This Matters for Ripple and XRP
The timing couldn’t be better. Thunes has already processed over $70 billion in transactions across 90+ payout markets, which include major global banks. By adding Ripple to the mix, the company doubles down on blockchain as the backbone for future financial infrastructure.
Ripple’s Managing Director, Fiona Murray, emphasized this, saying they’re committed to reshaping global payments through blockchain technology. The market seemed to agree—XRP ticked up over 1% following the news, now trading around $2.83 with a hefty $7.3 billion in 24-hour volume. Traders are already whispering about the token making a run past $3, with $4 not sounding too far-fetched if momentum holds.
