Cross Border Remittance Ripe for Startups as Banks Abandon Business

The Ripple network is designed to handle payments any local currency, cryptocurrency or good that users want to trade. As a multi-currency exchange, Ripple pathways allow users to send money in one currency and receive it in another. Recently AstroPay, a licensed money services business launched Ripple LatAm, connecting the Latin America market with Ripple Labs’ network partners and gateways in North America, Europe and Asia…