Ripple published its traditional quarterly report, evidencing considerable growth thanks to its successful business policies. According to the Q1 2019 XRP Markets Report, the company revealed to its clients they managed to sell over 169.42 million worth of XRP dollars, which represents 0.32% of the global volume of the token.
In the report, Ripple compared its results with those of the last quarter, showing a substantial increase in both direct sales and programmatic sales:
Ripple explained that to date they have established strategic partnerships with more than 200 clients, who are active users of its various technological solutions (xRapid, xCurrent and xVia).
At the start of the quarter, Ripple announced RippleNet surpassed more than 200 customers worldwide, with the addition of 13 new financial institutions that signed up for the company’s payment network. These companies include Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND and Rendimento.
In the report, Ripple also revealed that so far this year, 19 new exchanges listed XRP, increasing the number of total exchanges with this crypto available for trading to a number close to 120.
Ripple Is Doing Fine, But JP Morgan Is Also Quite Successful
While these numbers show a fairly optimistic outlook and clearly reflect the success of this company, it is important to note that the competition does not want to be overshadowed. Not only SWIFT is focused on the development of a technological solution based on blockhain technologies, JP Morgan also revealed an important list of banks willing to use its Interbank Information Network.
The IIN is a P2P Network developed by JP Morgan with blockchain technology. In an annoucement published on its official website, the bank mentions that the IIN is growing and slowly becoming a robust ecosystem.
The list revealed by JP Morgan includes 198 clients from all over the world. The bank explains that this number will continue to grow, emphasizing that as more institutions join, the efficiency of the network will increase considerably:
“The more banks that join the network, the more dramatic the reduction in payment delays,” said John Hunter, Head of Global Clearing for Treasury Services. “As the network scales, our clients’ payments will be processed faster with less operational expense.”
The list of banks include:
| Ahli United Bank B.S.C |
| Al Rajhi Banking & Investment Corporation |
| Alawwal Bank |
| Alfa Bank Joint Stock Company |
| Allied Bank Limited |
| Arab Jordan Investment Bank |
| Bank ABC (Arab Banking Corporation B.S.C.) |
| Bank Al Habib Limited |
| Bank Alfalah Limited |
| Bank Muscat |
| Bank of Sharjah |
| Barclays Bank Tanzania Limited |
| Barclays Bank Zambia PLC |
| Banque du Caire SAE |
| Banque Libano-Francaise SAL |
| BLC Bank SAL |
| Cairo Amman Bank PLC |
| Commercial Bank of Africa Limited |
| Commercial International Bank (Egypt) S.A.E |
| Credit Bank of Moscow |
| Credit Libanais SAL |
| DenizBank A.S. |
| Export Development Bank of Egypt |
| Fransabank El Djazair SPA |
| Fransabank SAL |
| Gazprombank |
| Habib Metropolitan Bank Limited |
| The Housing Bank of Trade and Finance – Algeria |
| Joint-Stock Company BCS-Investment Bank |
| Jordan Islamic Bank |
| JS Bank Limited |
| KCB Bank Kenya Limited |
| Kuveyt Turk Katilim Bankasi A.S. |
| Kuwait Finance House |
| MauBank Limited |
| MCB Bank Limited |
| Meezan Bank Limited |
| National Bank of Fujairah P. J.S.C. |
| National Bank of Kenya Limited |
| National Bank of Kuwait S.A.K.P. |
| Nedbank Limited |
| Odea Bank Anonim Sirketi |
| Saradar Bank SAL |
| Soneri Bank Limited |
| The Housing Bank for Trade and Finance |
| Turkiye Finans Katilim Bankasi A.S |
| Turkiye Vakiflar Bankasi T.A.O. |
| Bank Audi SAL |
| National Bank of Kuwait – Egypt |
| QNB Finansbank A.S. |
| Sohar International Bank |
| Standard Bank (Mauritius) Limited |
| Standard Bank of South Africa Limited |
| Bank of Beirut SAL |
| Bank Saint Petersburg |
| BBAC SAL |
| Gulf International Bank B.S.C |
| Australia and New Zealand Banking Group Limited* |
| Axis Bank Limited |
| Bank of Dalian Co., Ltd |
| Bank of Nanjing |
| BRAC Bank Limited |
| China CITIC Bank International Limited |
| China Guangfa Bank |
| China Zheshang Bank |
| Chong Hing Bank Limited |
| Eastern Bank Limited |
| East West Banking Corporation |
| Ho Chi Minh City Development Joint Stock Commercial Bank |
| ICICI Bank Limited |
| Indovina Bank Ltd |
| Industrial Bank Co., Ltd |
| Joint Stock Commercial Bank for Investment and Development of Vietnam |
| KASIKORNBANK Public Company Limited |
| KEB Hana Bank |
| Military Commercial Joint Stock Bank |
| Mizuho Bank, Ltd. |
| MUFG Bank, Ltd. |
| Nanyang Commercial Bank (China), Limited |
| National Australia Bank Limited |
| NongHyup Bank |
| Prime Bank Limited |
| PT Bank Central Asia Tbk |
| PT Bank CIMB Niaga Tbk |
| PT Bank Negara Indonesia (Persero) Tbk |
| Resona Bank, Ltd. |
| Rizal Commercial Banking Corporation |
| Saigon Thuong Tin Commercial Joint Stock Bank |
| Shanghai Rural Commercial Bank |
| Shinhan Bank |
| Sumitomo Mitsui Banking Corporation |
| Taipei Star Bank |
| Taishin International Bank Co., Ltd |
| The 77 Bank, LTD. |
| The Bank of Nagoya, Ltd. |
| The Norinchukin Bank |
| Union Bank Of The Philippines |
| Vietnam Joint Stock Commercial Bank for Industry and Trade |
| Westpac Banking Corporation |
| Woori Bank |
| Yes Bank Limited |
| The Bank of Kyoto, Ltd. |
| Kansai Urban Banking Corporation |
| The Kinki Osaka Bank, Limited |
| The Minato Bank, Ltd. |
| The Musashino Bank, Ltd. |
| The Tajima Bank, Ltd. |
| Aozora Bank, Ltd. |
| Bank of the Ryukyus, Limited |
| The Aichi Bank, Ltd. |
| Shinsei Bank, Limited |
| The Bank of Okinawa, Ltd. |
| The Gunma Bank, Ltd. |
| The Higo Bank, Ltd. |
| The Oita Bank, Ltd. |
| Union Bank of India |
| Alior Bank SA |
| Allied Irish Bank |
| Banca Monte dei Paschi di Siena S.p.A |
| Banco de Investimento Global S.A. |
| Banco de Sabadell |
| Banco Santander |
| Bank Hapoalim B.M. |
| Bank Leumi Le-Israel B.M |
| Bank Polska Kasa Opieki S.A. |
| Bankia |
| Bankinter |
| Banque Internationale de Commerce – BRED (Suisse) SA |
| Banque Thaler SA |
| Bayerische Landesbank |
| Caixabank |
| CBH Compagnie Bancaire Helvétique S.A. |
| CIM Banque S.A Geneve |
| Cooperatieve Rabobank U.A. |
| Credit Agricole S.A. |
| Danske Bank |
| Erste Group Bank AG |
| Gonet & Cie SA |
| Helaba -Landesbank Hessen -Thuringen |
| Israel Discount Bank Limited |
| Nationwide Building Society |
| Norddeutsche Landesbank Girozentrale |
| Nordea |
| PKO Bank Polski S.A. |
| Privatbank IHAG Zurich AG |
| Reyl & Cie SA |
| Skandinaviska Enskilda Banken |
| Société Générale |
| The First International Bank of Israel Ltd |
| UniCredit (through its subsidiary UniCredit Bank Austria) |
| Caixa Central de Credito Agricola Mutuo |
| UBS Switzerland AG |
| Banca Popolare Di Sondrio S.C.P.A. |
| BanBajío |
| Banca Mifel |
| Banco Actinver, S.A. |
| Banco Aliado |
| Banco BICE |
| Banco BCT SA |
| Banco Bisa |
| Banco Bradesco S.A. |
| Banco CMF S.A. |
| Banco Davivienda S.A. |
| Banco Daycoval S.A. |
| Banco de Bogota |
| Banco de Crédito del Perú |
| Banco de Galicia y Buenos Aires |
| Banco do Brasil New York Branch |
| Banco Ganadero |
| Banco General |
| Banco Industrial |
| Banco Internacional del Peru |
| Banco Lafise |
| Banco Mercantil Santa Cruz |
| Banco Nacional de Bolivia |
| Banco Nacional de Costa Rica |
| Banco Nacional de Panama |
| Banco Popular Dominicano |
| Banco Regional |
| Banco Security |
| Bank of Bahamas Limited |
| Banorte |
| Banreservas |
| Bank of Montreal |
| BCT Bank International |
| Credicorp Bank |
| Ficohsa |
| First Tennessee Bank |
| Global Bank Corporation |
| Grupo Bursátil Mexicano |
| Itau Unibanco S.A. |
| JPMorgan Chase |
| National Bank of Canada |
| Republic Bank |
| Royal Bank of Canada* |
| The Toronto-Dominion Bank |
| Banco Inbursa S.A. |
| Banco Continental |
