Ripple has made great progress in its remittance technology
Ripple is celebrating its 10th anniversary, and Amy YoshikawaRipple’s VP of Corporate Strategy and Operations is excited about what the next 10 years will bring.
CEO Brad Garlinghouse also sent out a tweet expressing his gratitude and joy for Ripple. Ripple has made great progress in its remittance technology as on-demand liquidity volumes grew considerably with over 9x YoY growth.
Treasury flows and bulk payments made more volume on the network as customers continued to use ODL for use cases beyond traditional remittances or personal payments.
In a tweet, Ripple mentioned that 95% of its workforce believed it was a wonderful place to work. Notably, Ripple is ranked 34th among the top 100 medium-sized companies to work for by Fortune. As it aims to hire more employees while many other companies in the sector have been reducing their headcount, Ripple has also shown strength throughout the current bear market.
Ripple lawsuit is making “good progress”
Ripple is making “good progress” in its legal dispute with the US Securities and Exchange Commission. As U.Today reports, the SEC complied with the court order and produced William Hinman documents, though under seal. In a 2018 speech, former SEC official William Hinman declared Ethereum not to be a security.
In the latest update shared by James K. Filan, the SEC has submitted for in-camera review by Magistrate Judge Netburn proposed redactions to two drafts of Hinman’s June 2018 speech that discuss pending determinations before the SEC.
spend the bitsA private company that has developed an app that uses the XRP Ledger and XRP to transfer bitcoin is the latest third party to file an amicus curiae brief in an ongoing lawsuit requesting it.
