Ripple has partnered with Tron in China, according to Justin Sun, founder of Tron. Ripple makes cooperations with various organizations quite regularly. A partnership with Ripple is profitable, bringing organizations significant profits. Now, Justin Sun has pointed out Ripple’s collaboration with Tron in China, emphasizing that it is strategic.
Ripple partners with Tron in China: Details
Ripple has partnered with Tron in China strategically, according to Justin Sun, founder of Tron. Justin Sun provided such information regarding Ripple in an interview given by Dragon TV. Ripple’s strategic partnership with Tron is through Raybo Technologies, a Chinese subsidiary of Tron. Ripple now helps Chinese financial companies easily cross-border transactions. Also, as the founder of Tron noted, Ripple actually brings the future closer.
Ripple technologies allow transactions at very high speed and low cost. Also on the web, there was a question as to whether Tron founder Justin Sun is directly connected with Ripple at the moment. It was previously known that this activist worked at Ripple as a special representative and adviser in China from 2014 to 2016. However, Tron supporters were amazed that Justin Sun expressed support after XRP bypassed Ethereum. Disputes took place long enough. In order to finish them, Justin Sun gave an answer, emphasizing that he is a shareholder of Ripple.
It was previously known that Ripple partner BeeTech uses the network in order to accelerate the payment market of 1.5 trillion dollars in Brazil. Thanks to Ripple, a peculiar financial revolution is taking place in working with clients, that is, ensuring extremely fast, simple and secure payments in the Brazilian direction. Ripple partner BeeTech intends to expand its translation business in Europe and the United States by 2020.