$XRP $1000SATS $VET Ripple has strengthened its strategic partnerships in Asia to expand the adoption of its technology, highlighting collaborations in Japan and other regions. Some recent initiatives include:
1. Collaboration with HashKey DX in Japan: Ripple and HashKey DX, together with SBI Ripple Asia, are introducing XRP Ledger (XRPL)-based enterprise solutions in Japan. This effort is initially focused on supply chain finance solutions, replicating the success HashKey Group has had in China, where it has connected thousands of businesses and banks with trade volumes exceeding $7 billion.
2. RippleNet Expansion with Tranglo in Asia-Pacific: Ripple has also advanced its partnership with Tranglo, using the On-Demand Liquidity (ODL) service for instant cross-border payments. This service, which uses XRP as a bridge currency, has been implemented in key markets such as the Philippines and plans to expand to more payment corridors in the region.
These initiatives reflect Ripple's focus on addressing issues such as fragmentation of payment systems in Asia and offering scalable, fast and low-cost solutions. If you would like more details on these collaborations, I can provide them or redirect you to additional sources.
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