Despite the current icy chill that has engulfed most of the cryptocurrency business, Ripple Labs.
a provider of cryptocurrency payments, has established new relationships in Sweden and France to boost its presence in the continent.
With Lemonway, a regulated payments provider for online marketplaces based in Paris.
with Xbaht, a Swedish money transfer company specialising in remittance payments between Sweden and Thailand, Ripple signed agreements for its "On-Demand Liquidity" technology.
According to a news statement from the business, RippleNet, the group of banks and payment providers that have agreed to utilise Ripple's blockchain network for international payments
Ripple, which has promised to hire more than 300 people this year, appears to be in good condition while the majority of cryptocurrency companies are battling to survive.