Ripple is usually regarded as a centralized settlement system in real time (RTGS), which continues to surprise investors because of its growing authority in the world of cryptocurrency. Ripple has now become one of the most famous startups in the US due to inventory coins Ripple XRP. The project is now considered on a par with Uber, Airbnb, Palantir and WeWork. Ripple is the only digital asset that is specifically built to serve financial institutions and facilitate payment transactions.
Ripple (XRP) is generally considered one of the most scalable digital asset that acts as a bridge between fiat currencies. There are several factors that help Ripple XRP to become the third most popular coin of cryptomeria.
Ripple encourages partners
Gemini and Coinbase, two of the crypto currency exchange that has received special offers from Ripple. Payment of financial incentives to attract the market is not something new in the world of financial investments. However, the company Ripple was the first project based on the blockchain, which made such a proposal. The Gemini company has offered $ 100 million in XRP. Thus, Gemini is unable to trade these coins on their own to some profit.
Partnership with the Slovenian eMetal
Partnership Ripple with the Slovenian metal trading company BPG Group attracted a lot of attention. The result of this partnership was a joint project eMetal.
Association with the industry of remittances
In April, they released the Declaration that the representatives of the Ripple may be present at Global Money Transfer Summit with 9 other speakers to discuss trends in the money transfers industry. This is a good chance for Ripple to present their idea to global remittances, which can contribute to the revolutionization of the industry.
Allvor and Ripple
Allvor, specializing in e-Commerce, is part of the block chain of the Ripple network, because, according to developers, is “the best and the most advanced technology on the basis of data on the market.” However, the representatives of the Ripple is not too willing to support the project.
Lately, Ripple (XRP) is trading below the dollar. At the time of writing, the rate of Ripple XRP went up by 1.07% against the dollar, which means that XRP is currently available at a rate of $ 0,49 per coin. Despite the fact that Ripple is still the third largest cryptocurrency in the world rankings, she is now far from their peak values. However, market experts are speculating that the price of XRP Ripple may increase due to its Association with the two main exchanges, Gemini and Coinbase.
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