XRP market cap adds $2B following Ripple’s payment network expansion
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Ripple has expanded its global payments network into three new corridors, boosting its market capitalization by over $2 billion. The San Francisco-based firm is partnering with fintech company Onfariq to connect Africa, the UK, Australia, and GCC countries. This expansion demonstrates Ripple's growth and resilience, as well as its recent victory against the SEC and acquisition of major payment licenses in Singapore and multiple US jurisdictions.