Ripple Rolls Out $300M RippleNet Accelerator Program to Grow Volume and XRP Utility
Starting today, Ripple will offer a unique reward for financial institutions that are the first in their markets to process and promote commercial payments on RippleNet. The reward will come in the form of rebates through the new RippleNet Accelerator Program. Building on growing network effects, the RippleNet Accelerator Program is funded by $300 million of XRP from Ripple’s XRP holdings. The program consists of a Volume Rebate and an Adoption Marketing Incentive.