Early this morning, XRP community member @XRPHODLER tweeted a link to the Mercury FX news page which makes a very exciting statement regarding the amount of volume they plan to push through xRapid.

Before the most significant statement, Mercury FX makes the following announcement.

“ Mercury will be testing payments into Mexico & Philippines with Ripple and we’re most excited about the potential to bring currently unconnected markets into the fast lane of global finance. Allowing people access to the international markets will create new markets and allow those currently without access to begin to trade with the global financial community and monetize their goods and services. The possibilities for poverty alleviation are vast, not just in terms of much lower costs but also in terms of financial returns for the emerging markets.”

Keep in mind that Mercury FX announced that they planned to use xRapid in 2018 and they are an official xRapid partner.

Then in the last paragraph of the press release, Mercury FX confirms that they have no doubt they will be making payments of a million dollars or more through xRapid at the end of their pilot.

“As with all things, we will start with modest sums and add 0s as we progress. Come the end of the pilot there is no reason we shouldn’t be making payments of a million dollars or more.”

This is just one company, and they plan to push individual payments over a million dollars using XRP. Imagine how much volume all of Ripple’s customers combined could push through xRapid.

Full scale xRapid deployment is not far.