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Ripple’s Crypto Pilot Cuts Through Hype—Shows Real-World Utility in Action

Ripple’s Crypto Pilot Cuts Through Hype—Shows Real-World Utility in Action

Author:
CoinTurk
Published:
2025-05-18 05:03:06
11
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Forget moonboy speculation—Ripple’s latest pilot proves blockchain isn’t just for degenerate gamblers. The project tackles actual cross-border pain points banks pretend don’t exist.

Why it matters: While Wall Street still charges $50 for ’instant’ wire transfers, this demo moves value faster than a hedge fund liquidating positions during a margin call.

The kicker? It works today—no ’wait for mass adoption’ handwaving. Just watch legacy finance lobbyists suddenly discover their passion for ’consumer protection’ as this gains traction.

Ripple News

As part of the Unlocking Opportunity program, Ripple$2 has partnered with Mercy Corps Ventures and WËIA to launch the year’s second pilot program. This initiative is aimed at helping Colombian small farmers earn more income and improve financial inclusion by utilizing the power of the XRP Ledger.

So, what exactly does this pilot program involve? Nearly 90% of the farmers in the region operate without formal agreements and lack sufficient records of past financial activities. Moreover, about 80% of Colombia’s rural population lacks access to credit. Additionally, crucial data about the origin and methods of production are not well-documented, which often leads to food fraud.will provide support to address these issues.

traceability will allow products to be tracked from planted seeds to the point of harvest using a single QR code. This system aims to enhance supply chain efficiency through data-driven agreements, resulting in better earnings for all parties involved. WËIA provides farmers with the opportunity to purchase seeds and fertilizers on credit, paying only after use.

The project has already commenced with 300 farmers, with processes continuing at a capacity of 240 tons of produce monthly.

Ripple (XRP)

Cryptocurrencies have numerous applications, and extensive work in various fields demonstrates this reality. From a secure, fast, and Immutable data tracking perspective, XRP Ledger is a critical player. The results of the early steps taken today may become much clearer over time, possibly leading to widespread normalization of the advantages crypto networks offer in areas including agriculture.

‘s future is looking bright with these initiatives.

XRP Coin, which recently found buyers at $2.39, retracted due to general low trading volume. If the downtrend persists, it may test the $2.35 and $2.2 levels.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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