Share this article
Euronet Subsidiary Ria Turns to Ripple Tech Seeking Faster Money Transfers
Ria Money Transfer, one of the world's biggest remittance firms, has joined Ripple's blockchain-based payments network.
Updated Dec 12, 2022, 12:43 p.m. Published May 3, 2019, 12:00 p.m.
Ria Money Transfer, a subsidiary of U.S.-based payments firm Euronet Worldwide, has joined Ripple’s blockchain-based payments network seeking faster cross-border payments.
In an announcementhttps://ripple.com/ja/insights/ripple-partners-with-ria-money-transfer-to-power-instant-global-payments/ Wednesday, Ripple said that RippleNet will help Ria settle transactions with "increased speed, transparency and efficiency." Customers stand to benefit too, it adds, with end-to-end tracking, improved visibility into fees and details of transaction status and estimated time of completion.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
“Ria’s integration with Ripple serves to build rails for an innovative payment infrastructure that seeks to provide easier access to potential partners, while delivering faster and cleaner payments to its users,” according to Euronet’s money transfer segment CEO, Juan Bianchi.
One of the world’s largest money transfer networks, Ria handles $40 billion in volume per year across locations in over 155 countries, according to the announcement.
Marcus Treacher, SVP of customer success at Ripple, said that the partnership will allow Ria to offer improved remittance times and costs for both general customers and enterprise clients.
Ria joins the growing number of financial institutions worldwide to have partnered with Ripple for its blockchain-based payments services. Most recently, these include National Bank of Kuwait, Malaysian banking group CIMB, South Korea’s crypto exchange Coinone, U.S. banking giant PNC, remittance firm UAE Exchange, among others.
In the first quarter of this year, RippleNet added 13 more customers, including Euro Exim Bank and Olympia Trust Company, taking the current total to over 200.
Ria Money Transfer image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
What to know:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
Top Stories
