Cuallix Goes Live With Ripple’s xRapid for Money Transfer Between the US & Mexico – XRP Adoption!

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Cuallix has gone live with xRapid ,which uses XRP, for money transfer between the United States and Mexico. This is being done via Cuallix’s product Cuallet.
“That’s why Cuallet joined Ripple, to attack the three main issues in international money transfers:
Speed and certainty
Liquidity management
Connection standardization

How does xRapid (Ripple) works?
Cuallet will start a money transfer through Ripple.
Ripple process it via xRapid getting the most competitive liquidity option across all of the exchanges and third-party market makers it connects.
Whichever market maker offers the lowest exchange will take the amount sent, converts to XRP, sends the XRP to the destination (in just a few seconds), then converts to the destination currency and settles it in the destination account.

In that way the transfers will be done in minutes and at a lower price! and having the certainty that your transfer will arrive fast and efficiently to the destination.
We are the first financial institution using XRP for this service, in United States and Mexico.”

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Cuallix Goes Live With Ripple’s xRapid for Money Transfer Between the US & Mexico – XRP Adoption!

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