Chinese payment service LianLian has joined the RippleNet network The Chinese payment service LianLian has joined RippleNet, a payment network that uses the Ripple blockchain to conduct international transactions. CoinDesk writes about it.

Chinese payment service LianLian joins RippleNet

Chinese payment service LianLian has joined RippleNet, a payment network that uses the Ripple blockchain to conduct international transactions. Writes about this CoinDesk.

LianLian Pay will use Ripple's xCurrent solution to help the service make cross-border transfers within one day. It is worth noting that xCurrent, unlike xRapid, does not use XRP cryptocurrency.

LianLian CEO Artur Zhu said: "By using RippleNet, we will be able to improve the quality of the service by providing clients with instant payments on the blockchain in 19 currencies that we currently support.".

Ripple said LianLian joining the company's network will allow existing RippleNet members to enter the Chinese market..

LianLian was founded in 2003 and operates with the permission of the People's Bank of China. Among other things, the company provides tools for accepting payments to online retailers, including JD.com.

Recall that recently the British division of Santander Bank announced its intention to use xCurrent technology.

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