The partnership allows Xendpay to open new remittance corridors to countries like the Philippines, Bangladesh, Malaysia, and Vietnam.
Bitspark said they see this as a way forward to introduce stablecoins without the need for understanding blockchains directly.
Vienna-based fintech startup Transpaygo announced its addition as one of Ripple’s partners for xRapid, its cross-border money transfer system powered by XRP.
The two companies also agreed to partner when it comes to marketing and market exploration.
A growing number of people from the United States are now showing a bigger interest in using cryptocurrency as a means of sending money.
A company wants to use blockchain to speed up remittance transactions from Australia to the Philippines.