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Ripple to give out 1 billion XRP in developer grants -Breaking

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© Reuters.

The enterprise payment technology company, aims to issue one billion. XRP in grants for developers. The newly announced grant is an extension of the company’s XRPL Grants program launched in 2021.

This grant will be used to encourage open-source projects using the XRP ledger. It is designed for enterprise remittance aid. RippleNet is a Ripple-based remittance system that uses XRPL technology to build a strong presence in Asia Pacific.