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News at-a-glance: Crypto firm strengthens Asian payments presence

Ripple, the cryptocurrency player, is buying a 40% stake in Tranglo, an Asia-based cross-border payments specialist, reflecting customer demand.
News at-a-glance: Crypto firm strengthens Asian payments presence

The move will enable Ripple to introduce on-demand liquidity to new markets, with Tranglo’s cross-border money and prepaid credit transaction hub enabling businesses and individuals to transfer payments globally.

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