Finally, Ramessa Online, a Sao Paulo based company with a functional partnership with Ripple has admitted that they are waiting for XRP to be “fully regulated” before incorporating the asset as their on demand liquidity tool.
Founded in 2016, their collaboration with Ripple allows the company to use xCurrent. It is one of the three main solutions marketed by Brad Garlinghouse and Ripple executives that allow end-to-end tracking but transfers are done without XRP. The solution has been largely adopted by financial institutions
who are obviously uncertain on what would happen assuming the US SEC classify XRP as a security and begin cracking down on coin holders.