Cross River Bank, a long-time partner of Ripple, is now playing a pivotal role in the beta rollout of X Money, a payments initiative linked to Elon Musk's vision for a global financial super app. Originally integrating Ripple's payment protocol in 2014 for real-time cross-border transfers, Cross River Bank is now part of the infrastructure supporting X Money's digital payments expansion. This development has garnered attention within the XRP community, highlighting a historical connection between Ripple's early technology and X Money's current banking framework.
Despite XRP trading below its all-time high, Ripple's infrastructure business is thriving. Ripple Prime, a key growth driver, has tripled its revenue over the past year, processing over 60 million transactions and clearing more than $3 trillion annually. Ripple continues to expand its global infrastructure, securing over 300 institutional clients and increasing global licensing approvals, positioning itself for future growth.
Ripple-Linked Cross River Bank Powers X Money's Beta Payments Rollout
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