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Ripple Remittance Technology Launches on Shopify via Airwallex's New Online App

Thu, 07/21/2022 - 12:10
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Tomiwabold Olajide
Airwallex launches online payment app on Shopify
Ripple Remittance Technology Launches on Shopify via Airwallex's New Online App
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Ripple user Airwallex has announced the launch of its Airwallex Online Payments App on Shopify.

Ravi Adusumilli, SVP of Partnerships at Airwallex, speaks on the offering: "Our app is one of many offerings we have built to help merchants accept cross-border payments."

Airwallex joined Ripple's enterprise blockchain network, RippleNet, in 2017, to modernize global payments, leveraging the power of blockchain. The global fintech platform also became a part of RippleNet, adopting blockchain commercially to provide its customers with a unique global payments experience.

In other news, African-based Xago recently announced the launch of the British Pound, USD and Circle's USDC on its payment gateway and trade exchange developed on the XRP Ledger, signifying expansion.

RippleX announces XRPL Grants Wave 3 recipients

Thirty-five new recipients have been chosen for XRPL Grants in Wave 3, which sought initiatives centered on "Contributing to Open Source." More than 175 applications from more than 30 countries were submitted to Wave 3 at a record rate, and projects that were selected received funds totaling about $3 million.

XRP Ledger is used in software development initiatives funded by the XRPL Grants program.

Ripple speaks on NFT expansion

If approved by the XRPL community, Ripple's proposed NFT protocol, known as XLS-20, would enable NFT transactions on XRPL to close in split seconds and would be cheaper to mint, buy and sell.

Earlier this year, NFT-Devnet was launched to test a recently proposed standard for native, on-ledger NFTs, which makes XRPL development and usage simpler and more publicly available for developers.

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About the author

Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.