Main navigation

Ripple Rolls Out Xpring Developer Platform for Easy XRP and Fiat Payments

News
Wed, 10/02/2019 - 11:31
article image
Yuri Molchan
Ripple announces a new platform and a tool set for developers to let them integrate payments into XPR Ledger-based dApps
Ripple Rolls Out Xpring Developer Platform for Easy XRP and Fiat Payments
Cover image via www.123rf.com
Read U.TODAY on
Google News
Contents

Ripple has been widening its circle of partners for RippleNet recently, signing up more and more major banks to it.

Now, the company is taking a step to make life easier for dApp makers. As reported by Fintech Finance, Xpring is building a set of software tools and services to enable developers, who work with the XRP Ledger, to let them integrate payment options in dApps easily.

The new platform will allow them to use any crypto or fiat means of exchange.

This new platform offers a set of tools, services and programs that makes it easier for developers to send and receive payments by building on the XRP Ledger and leveraging Interledger Protocol (ILP) as a bridge to any currency, fiat or blockchain. In short, the Xpring Developer Platform removes the pain and messiness of integrating money into apps.

Ripple is headed towards another big milestone

Xpring Developer Platform removes the pain and messiness of integrating money into apps.

As per the Ripple team, these days online payment systems are slow, expensive to make and are not ready to embrace the fast pace required by businesses and their customers.

Through their new developer ecosystem, Ripple hopes to create the Internet of Value, in which developers and their clients would be able to move payments in fiat or crypto instantly across the globe.

With the Xpring Developer Platform, we are arming developers with easy access to technology proven to move money instantly.

For bridging various digital or fiat currencies, the new platform will use XRP.

We are building products that address developer needs and are working to create utility for XRP and drive adoption for ILP.

card

Ripple teams up with Logos payment firm

Earlier, U.Today reported that Ripple’s Xpring acquired a payment startup Logos with intentions to keep working on creating the Internet of Value and make transnational payments around the world easier than before.

Logos will from now on focus on using XRP and developing decentralized finance solutions for this asset.

article image
About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.