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Ripple, Huobi, and Crypto.com Joined Open Payments Coalition

Dawn Wu

Summary: More than 40 global finance and tech companies, including Ripple, Huobi, Brave, and Crypto.com, have joined Open Payments Coalition to access the PayID system. According to Cointelegraph, the system allows users to send payments in any currency among member platforms.

More than 40 global finance and tech companies, including Ripple, Huobi, Brave, and Crypto.com, have joined Open Payments Coalition to access the PayID system. According to Cointelegraph, the system allows users to send payments in any currency among member platforms.

Ripple will integrate the PayID onto its global payments network, RippleNet, to bring in interoperability to cross-border payments. 

By Dawn Wu

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