Ripple Partners with Onafriq To Expand its Cross-border Payments

Ripple has recently partnered with payments fintech Onafriq to expand its remittance capabilities in Africa and Gulf nations like the U.K. and Australia

These three new blockchain-based payment corridors are set to open between Onafriq users in Africa and customers of PayAngel in the U.K., Pyypl in the Gulf Cooperation Council (GCC), and Zazi Transfer in Australia

Ripple has become a symbol of resistance within the crypto industry for standing up to and partially prevailing against the U.S. Securities and Exchange Commission (SEC)

The recent price increase of XRP is mainly driven by its involvement in a central bank digital currency (CBDC) project with the National Bank of Georgia

XRP is an open-source project used by Ripple and serves as a bridge between fiat currencies, facilitating faster cross-border payments.