Thunes, a global money movement platform, and Ripple, a leader in digital asset infrastructure, have announced an expanded partnership to transform cross-border payments worldwide. Building on their collaboration since 2020, the partnership aims to improve customer payout experiences and broaden payout reach across key markets. By integrating blockchain and digital asset technologies, Thunes enhances its Direct Global Network, enabling more efficient and accessible payments for financial institutions and businesses globally.
The collaboration allows Ripple’s enterprise customers to withdraw funds in new currencies and countries, enhancing global payment capabilities. Thunes ensures real-time payouts in local currencies, crucial for regions with limited banking infrastructure. “Members across both the traditional finance space and the digital assets ecosystem connect with Thunes. We are in a prime position to bridge these two worlds and drive the future of digital assets,” said Chloe Mayenobe, President and COO at Thunes.
Ripple Payments, utilised by Thunes, offers fast, transparent, and reliable cross-border payments, covering 90 payout markets and processing over $70 billion in volume. Fiona Murray, Managing Director Asia Pacific at Ripple, stated, “Our partnership with Thunes accelerates our shared mission to improve the efficiency, speed, and security of global payments.”
This partnership not only facilitates seamless, low-cost transactions but also supports the growing demand for innovative blockchain-powered financial solutions globally. As the demand for digital financial services grows, the collaboration between Thunes and Ripple is set to reshape the future of global payments through blockchain technology.
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