RippleNet connects banks, payment providers, digital asset exchanges and corporations

A leading Curacao bank, Vidanova, announced the partnership and use of RippleNet on its official website, where it said, “Vidanova Bank provides access to RippleNet, the decentralized global network of banks and payment providers…With this technology, you can message, clear, and settle financial transactions in real-time.”

RippleNet is “actively” utilized by Curacao’s top bank, Vidanova

In addition, Vidanova, a financial services provider in Curacao, an island in the Caribbean Sea and a country in the Kingdom of the Netherlands, also uses SWIFT along with Ripple for international payments.

“RippleNet connects banks, payment providers, digital asset exchanges, and corporations…With the most advanced blockchain technology for global payments, financial institutions are able to execute transfers to a growing number of institutions”, they stated.

As mentioned earlier, Q1 2022 was a record quarter for Ripple’s On-Demand Liquidity (ODL) remittance platform as transaction volume increased by almost 8x year-on-year. In total, RippleNet has seen an annual payment volume run rate of $15 billion, marking unparalleled growth as ODL use cases continue to expand.

U.S. Magistrate Judge Analisa Torres scheduled a conference call for Tuesday, June 7, at 3:00 pm EST, to “discuss the SEC’s renewed assertion of attorney-client privilege as to internal documents related to then-director Hinman’s June 14, 2018 speech,” as previously reported.

The conference call is scheduled to take place in Courtroom 23B, Daniel P. Moynihan Courthouse, 500 Pearl Street, New York, New York. Members of the public can now listen to the proceedings through the phone numbers provided in the summary shared by defense attorney James K. Filan on Twitter.

During the last month, CryptoLaw founder John Deaton submitted an offer to participate in a tentative challenge to an expert who claimed to know XRP holders’ motives for buying XRP. The SEC’s objection to this proposal will also be due June 7 (the date of the conference call), and any response to this objection will be due June 10, 2020. 2022.

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