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The Benefits of Ripple’s New Partnership with Uphold

by BlockNews.com Team
October 25, 2023
in BUSINESS, CRYPTO, FINANCE
Reading Time: 3 mins read
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  • Ripple, a leader in blockchain payments, has partnered with Uphold, a global Web3 financial platform, to enhance Ripple’s cross-border payments infrastructure.
  • The partnership provides Ripple with Uphold’s liquidity expertise and automated high-frequency trading architecture. This supports Ripple’s fast, flexible worldwide payments.
  • Ripple was the first to use blockchain to address pain points in global payments at scale. It now serves hundreds of enterprise customers with transparent tracking and pricing.

Ripple, a leader in blockchain and crypto solutions, has partnered with Uphold, a global Web3 financial platform. This collaboration will enhance Ripple’s cross-border payments infrastructure.

Introducing Ripple and its Payments Solutions

Ripple provides blockchain and crypto enterprise solutions to help businesses globally. Ripple’s solutions accelerate performance and enable scaling by eliminating pre-funded accounts. Ripple has over 10 years of blockchain experience in finance. The company is transforming payments with its crypto-enabled solution for 24/7/365, near real-time settlement.

🚨 NEWS: Ripple has partnered with global Web3 financial platform, @UpholdInc.

This partnership seeks to bolster Ripple's cross-border payment infrastructure.$XRP has remained unaffected after this announcement. pic.twitter.com/eSAujQnIYl

— BlockNews.com (@blocknewsdotcom) October 24, 2023

How the Partnership Benefits Ripple’s Offerings

The partnership with Uphold bolsters Ripple’s underlying infrastructure. Uphold’s liquidity expertise further supports Ripple’s fast, flexible cross-border payments worldwide. This partnership marks the beginning of an ongoing relationship between the two companies.

Uphold’s Strengths in Liquidity and Trading

As a leading Web3 platform, Uphold excels in trading architecture. Uphold seamlessly moves value between fiat and crypto, across networks. The platform provides access to extensive global crypto liquidity. This enables smooth customer service and payment delivery.

The Value for Enterprises

Uphold’s automated, high-frequency trading stack connects to 30+ venues. This allows deep liquidity, multiple transaction paths, and tight spreads. For enterprises, Uphold efficiently enables crypto-to-fiat transfers and bank payouts.

Ripple’s Success in Blockchain Payments

Ripple was the first to address pain points in cross-border payments at scale using blockchain and crypto. Ripple provides a superior end-to-end customer experience with transparency. This allows tracking, forecasting delivery times, and clear pricing. Ripple now serves hundreds of customers globally across diverse industries.

Tags: BlockchainBusinesscryptorippleUphold
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