Three Ripple products under the hood of RippleNet: Explained by WKahneman XRP XRP Ripple
He recalled that some years ago, Ripple offered three solutions for businesses and individuals focused on seamless cross-border value transfers.
The first one, xCurrent, facilitated messaging in payment channels. xRapid instrument leveraged XRP as a bridge currency for seamless payments. xVia in this stack served as an API solution suitable for being integrated into various business designs.In 2023, all of these functions are integrated into a single ecosystem, RippleNet. RippleNet, in turn, leverages XRP as a currency for On-Demand Liquidity payment corridors in various regions of the globe.
Last year was a crucial period for Ripple and its XRPL solutions, including ODL. In its detailed report shared in Q4, 2022, the Ripple team highlighted that expansion to Africa, Argentina, Belgium, Israel, Australia, Brazil, Singapore, the UAE and the U.K. is the company's top priority.
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