Ripple‘s payment solutions have enabled banks and payment providers to process cross-border transfers swiftly and at a low cost. Owing to these reasons, the company began processing payments in various corridors across the world like Mexico, the Philippines, Australia, etc. Bitso, Ripple’s partner exchange in Mexico, added Argentina to its list of countries and announced the launch of a gateway between Mexico and Argentina.
Bitso shared in a tweet:
“In Bitso we like to build bridges. Today we build a digital bridge between Mexico and Argentina. Like our users in Mexico, we want Argentines to enjoy simple, global and transparent financial services. Welcome! #bitsoargentina”
The corridor between the two countries appeared to be operational, as Bitso’s website listed Argentine peso [ARS] against Bitcoin [BTC].