Ripple upgraded its payments platform to expand business interests in the U.S. and Africa.

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What Happened: The crypto payments firm is looking to expand its business interests in both the U.S. and Africa through the launch of an updated settlements platform, named Ripple Payments, The Block reported. It targets a new brand of corporate clients in the U.S. with its cross-border payments solutions.

Initially available in the U.S., the new Ripple Payments platform plans to expand to more places in 2024. Currently, Ripple serves customers in more than 50 countries.

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