Ripple has won the Best Cross-Border Payment Platform award at the Juniper Research's Fintech & Payments Awards, surpassing competitors including Boku and Huawei.
Despite this achievement, Ripple's cryptocurrency, XRP, continues to struggle and is currently trading at around $0.53.
Ripple's success in winning the award demonstrates the company's broader initiatives and resilience in growth beyond its individual assets.
Despite the ongoing SEC litigation and the decline of XRP, Ripple remains focused on entering new markets, developing new products like RLUSD stablecoin, and contributing to the development of Web3.