CoinGate have shared big news to the XRP Community that Ripple (XRP) is now listed on its payment system which allows the users to utilizes their XRP across 45000 merchants. The Spokesperson of XRP, explained, “we need to diversify the validator ecosystem to increase resiliency and robustness, this will lead us to become globally adopted digital asset for payments.”
R3 has launched Corda Settler, an application which allows the user to make payment across the globe opens with XRP cryptocurrency. The app works by verifying that the beneficiary’s account was credited with the payment, and simultaneously updating the Corda ledger. R3’s CTO Richard Brown says, App will be soon open to all forms of crypto and traditional assets.
The Skrill has added support to Ripple (XRP) on its platform. It has now become the fifth crypto to be listed on the platform with the already existing Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. The users would be able to experience fiat-to-crypto services. The CEO, Lorenzo Pellegrino once quoted, “The world of cryptocurrency trading is exciting and dynamic.”
A cryptocurrency exchange based in Japan has resumed the deposits and trading of Ripple’s XRP and Factom (FCT) altcoins. The Coincheck has also announced that the users can deposit and trade XRP and FCT altcoin on the platform. Coincheck has also resumed the trading and deposits for all cryptocurrencies that were offered before the hacking incident.
The ongoing speculation regarding the Society for Worldwide Interbank Financial Telecommunication (SWIFT) integration with Ripple has been denied. The spokesman of SWIFT then explained, “I’m not sure where those rumors are coming from, but the upcoming standards release … is entirely unrelated to RippleNet. Its primary purpose is to ensure all payments include a tracking reference (UETR).”
The Cred has introduced to USD loans to be issued against XRP as collateral. The Ripple users would be able to hold their cryptos without selling or being taxed. The co-founder of Cred, Dan Schatt stated, “We’re thrilled to offer XRP holders the same low rates and convenient liquidity services as ETH and BTC holders.”
A group of independent researchers, Piccolo Research based in Singapore have predicted that the value of Ripple (XRP) will grow nearly 300%. The researchers under the management firm, Piccolo Plus is optimistic about the potential of Ripple’s (XRP) and emphasized that it must compete with the other major payment companies such as PayPal and Swift.
The CMC Markets has declared expansion of its cryptocurrency spread betting and contracts for difference (CFD) offering. The Group Commercial Director, David Fineberg affirmed, “We are pleased to offer them the chance to take a position on Bitcoin Cash, Litecoin, and Ripple, three altcoins which continue to generate much speculation among traders.”
XRP United has been launched as the first fully XRP-powered cryptocurrency exchange. The cryptocurrency exchange has been developed as a licensed and regulated company that claims to be a member of the XRP community. This indicates that Ripple company is emerging in the blockchain and cryptocurrency space as they also have launched other products such as xRapid.
A renting platform Omni announced that its platform would enable the Omni members to cash out their earning from rental services to their XRP wallet. The Founder of Omni explained, “By enabling XRP cash outs we’re aiming to lower the barrier to entry for crypto-curious consumers and also reduce the risk because you still own the asset.”