Thunes, the Smart Superhighway to move money around the world, and Ripple, the leading provider of digital asset infrastructure for financial institutions, have announced an expanded partnership to transform cross-border payments globally. Building on their successful collaboration established in 2020, the partnership will improve the customer payout experience, further streamline global money movement and broaden payout reach across key markets.

As demand for digital financial services grows, Thunes has integrated blockchain and digital asset technologies to enhance its Direct Global Network. By leveraging Thunes's proprietary Network with Ripple's blockchain-powered payments solutions, the two companies are driving more efficient and accessible cross-border payments for financial institutions and businesses around the world. Ripple's enterprise customers can withdraw funds more easily in new currencies and countries, further enhancing their global payment capabilities. 

Thunes ensures dependable real-time payouts in local currencies through its Direct Global Network and plays a key role in facilitating 'last-mile' delivery in regions with limited banking infrastructure. The partnership will enhance the reach and efficiency of its Network, providing businesses and end users with fast, secure, and accessible financial services. Thunes is also utilizing Ripple Payments to enhance its SmartX Treasury System. 

Ripple Payments enables fast, transparent, reliable cross-border payments and on/off ramps for banks, crypto companies, and fintechs worldwide. To date, it has near-global coverage with 90+ payout markets representing more than 90% coverage of the daily FX markets, processing more than $70 billion in volume.