The New York user of the Coinbase can now buy, sell, and free to store XRP (Ripple) via services offered in Coinbase.com. Earlier the access to XRP was restricted to users from United Kingdom and New York due to the specification of an XRP destination tag which is required to make XRP transfers.
Approximately $25 million worth of Ripple cryptocurrency has been donated to the San Francisco state university by the co-founder of Rippler, Chris Larsen and his wife Lyna Lam. The main aim of the campaign is to empower the students in the university, energize programs and confirmed that the gift will support the “Lam-Larsen Fund for Global Innovation”.
Coinbase will now allow its users to make payments in either XRP or USDC with zero fees. Coinbase explained, “XRP and USDC may be better suited for smaller international money transfers due to their faster processing and lower transaction fees. USDC also has the added advantage of being exchangeable for one US dollar, rather than being volatile in price like other cryptocurrencies.”
XRPL Labs, a start up backed by Ripple is building a new Ripple (XRP) payment app for both Android & iOS. Wietse Wind founder of XRPL Labs has said “Getting ready for $XRP payments for the Community Meetup next month (in Amersfoort, the Netherlands) App will be released for store owners in the App store and Play store soon.”
A Canadian cryptocurrency exchange, CoinField have shared that they have chosen Ripple(XRP) to become its base pair for over 130 cryptocurrencies. In their social media account, “We’re glad to announce 130+ new coins have been successfully integrated to our TESTNET and will be added to CoinFieldEX eventually once our legal evaluation & security review is done. We will offer these new coins in both fiat & XRP.”
A poll conducted by Weiss Ratings in its official Twitter account has revealed that most people want Ripple’s XRP as their asset for 2019. The poll has also come up with the other cryptocurrency option such as BTC, XRP, ETH, and ADA for the participant to choose. This indicates that Ripple has also become the most preferred cryptocurrency.
A cryptocurrency wallet backed by Binance, Trust Wallet has recently shared that they will begin supporting ripple XRP in the platform as per mention in its official blog reports. The official announcement made by Trust Wallet then explained, “To fund a new address, you must send enough XRP to meet the reserve requirement. The current minimum reserve requirement is 20 XRP.”
Amun AG, a crypto startup in Switzerland has launched exchange-traded product for XRP called AXRP on SIX, a Zurich based exchange. The co-founder and CEO of Amun, Hany Rashwan told “We can comfortably say that we expect to release the world’s first XRP ETP within the next two months.”
The CEO, Strategic Business Innovator Group (SBI), Yoshitaka Kitao has made his prediction regarding the adoption of Ripple’s XRP. Kitao referring to Ripple’s XRP said, “Therefore, in such a meaning, it seems that the use of Ripple ‘s technology will gradually become used in the form of using “XRP” in the international money transfer field.”
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.”