Mastercard Recognizes XRP as Bridge Currency in Remittance Report

A recent document published by Mastercard titled ‘The Future of Remittances in Latin America’ has highlighted the potential of XRP as a bridge currency for cross-border payments. Notably, the document cites SBI Remit, which uses Ripple’s XRP to facilitate efficient and cost-effective money transfers across Asia, as an example of successful integration into existing remittance systems. 📈