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Ripple Says XRP Product Will Go Live in ‘Next Month or so’

Ripple’s long-anticipated cryptocurrency product, which aims to make XRP the asset of choice for cross-border settlements between financial institutions, is finally nearing production via an actual commercial application.

Sagar Sarbhai, who heads Ripple’s regulatory relations in the Asia-Pacific and Middle East regions, told CNBC that the firm believes this product, dubbed xRapid, could launch in as soon as a month.

“I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production,” Sarbhai said.

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