1400 credit unions may be using XRP confirmed

It was announced today that 1400+ credit unions of Catalyst Corporate may use X-rapid sometime in the future. A launch date has not been announced yet but hopefully it will be this year. They are going for the Mexican Corridor first which represents around $30 billion dollars a year in cross-border payments. This would round out to be $100 million a day or so if x-rapid can dominate 100% of it. Of course Corporate Catalyst does not own 100% of the payments in the corridor so the real number would be smaller but it is a good start and they could expand to other corridors if this is successful.