Xumm, a native wallet for the XRP Ledger developed by XRPL Labs, revealed a partnership to expand its payment capabilities. According to an official post, the wallet partnered with GateHub to add more On and Off-Ramp options.
XRP Ledger Increases Payment Capabilities
The announcement claims the partnership will allow Xumm users to seamlessly transfer value between different payment networks in the nascent industry and the legacy financial world. These networks include Bitcoin, Ethereum, and other cryptocurrencies.
In addition, users will have access to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) and the Single Euro Payments Area (SEPA). Due to these integrations, the team behind the XRP Ledger native wallet classified the partnership as a “significant step forward for the XRPL ecosystem.”
Wietse Wind, founder and lead developer at the company behind Xumm’s development, stated the following…