Through this new development, businesses in the country will gain access to Airwallex’s global payment services, which serve as a perfect alternative to conventional banks.

Why is this good news for the XRP community? It’s worth noting that Airwallex has been leveraging the utility embedded in RippleNet since joining Ripple’s network of customers back in 2017.

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Ripple Confirms Partnership with the UK-Based Lotus

A couple of days ago, Lotus, the British performance car manufacturer, announced its partnership with Ripple, the US-based cross-border payment firm.

Lotus tweeted, “We are launching NFTs! We have partnered with industry expert NFT PRO and Ripple to create an exclusive community of automotive enthusiasts, collectors and crypto-fans.”

The development was later confirmed officially by the blockchain payment firm via a tweet about two days ago.

Captioning Lotus’s announcement about two days ago, Ripple wrote, “We’re excited to partner with Lotus to help bring automotive NFTs to the XRPL.”

To launch its non-fungible token (NFT) Collection, Lotus will work with NFT PRO and its blockchain partner Ripple to offer technical support on the XRP Ledger (XRPL) network.

Commenting on the new development, Simon Lane, Director of Lotus Advanced Performance, said:

“Lotus has always been about cutting-edge innovation, and entering the Web3 space in this way, with a truly customer-focused NFT programme, is another excellent example of that. Partnering with NFT PRO, a real expert in this field, means we are guaranteed to deliver truly memorable content for a new digital community of Lotus fans.” 

By providing new prospects for its consumers, NFT collectors, and crypto users, the partnership between Lotus and NFT PRO indicates that the renowned automobile manufacturer’s foray into Web3.

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The post Ripple enters New Zealand via Airwallex’s Use of RippleNet Utility: Details appeared first on Times Tabloid.