Listen up, guys, tere’s a tale that’s got the kind of spice you don’t see every day in the world of finance.
Ripple and Thunes , two big players in the global money game, just shook hands tighter to speed up cash flows across a monster network connecting over 7 billion mobile wallets and bank accounts worldwide. It’s like… everyone?
Boosting payouts
Picture your office on a Monday morning. You need that client’s payment, but it’s trudging along slower than a Monday traffic jam.
That’s the old way. Cross-border settlements that crawl, causing headaches for banks, fintechs, and businesses alike. Enter Ripple and Thunes, a duo looking to shake things up.
Thunes calls their system the Smart Superhighway for moving money globally, and they’ve been dancing with Ripple since 2020.
This new agreement cranks things up, boosting payout speeds and adding a bunch of currencies and markets. Imagine turning that slow Monday drag into a Friday happy hour sprint.
Seamless swaps
Ripple brings its blockchain magic into the mix, while Thunes upgrades its Direct Global Network with crypto rails.
The combo? A literally turbocharged money-moving machine. Banks and crypto firms get easier on/off ramps with tighter connections, even in places where banking feels like a maze.
Cross-border payments have always wrestled with speed, transparency, and local payouts.
And don’t make me start about the fees! But this tag team promises near-instant payouts, less friction at the finish line, and seamless swapping between fiat and cryptocurrencies.
It’s like finally fixing that printer that always jams before a big presentation.
Global reach
Thunes’ network spans 130 countries, 80+ currencies, and connects to more than 7 billion wallets plus 15 billion cards.
They even tap into super-apps and mobile money giants like GCash, M-Pesa, AliPay, and WeChat Pay.
This partnership unlocks new levels of local payout speed and compliance with regulatory rules, a win-win for banks, fintechs, and digital asset companies.
Chloe Mayenobe, Thunes’ COO, says they stand at the crossroads between traditional finance and crypto economy, ready to bridge the worlds and blaze a path for the future.
Ripple’s Fiona Murray adds that this partnership is all about making global payments faster, safer, and more accessible. Epic cooperation!
Cryptocurrency and Web3 expert, founder of Kriptoworld
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With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
