Ripple: Corona virus pushes adoption of XRP and digital payments
Ripple CEO Brad Garlinghouse explained that digital payment options are especially important during the Corona crisis, as many people are in financial trouble The global pandemic has further advanced the adoption of XRP and Ripple has recorded a growing transaction volume.
In a new episode, “The Ripple Drop”, CEO Brad Garlinghouse describes how the corona crisis has further increased the demand for easy and fast digital payment options:
He adds that companies such as MoneyGram as well as RippleNet users have seen an increase in transaction volume of more than 40% and Ripple Network members recognize the benefits of Ripple‘s payment solutions such as On-Demand Liquidity (ODL).
In addition, central banks around the world are seeing the need to introduce a digital currency.
At the end of last year, the Bank of France concluded in a wide-ranging study that Ethereum (ETH) and Ripple (XRP) technologies could serve as the basis for a digital currency.
A solution based on the Ethereum or Ripple Blockchain could enable end-to-end transactions using a tokenized central bank currency.
Ripple is currently working on expanding its presence in the Asian sector.
By the end of this year, SBI Ripple Asia plans to go into production with the ODL payment solution, which will take up to 50% of Ripple’s total network volume:
XUMM Banking App supports adaptation progress
The XUMM app, developed by XRP Labs under the leadership of Wietse Wind, was released earlier this year and offers all the features of traditional online banking.
The app can manage Fiat currencies, contact information, balance information and transaction records.
The app’s interface is intuitively structured so that even people without any technical knowledge can use it.
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In a new episode, “The Ripple Drop”, CEO Brad Garlinghouse describes how the corona crisis has further increased the demand for easy and fast digital payment options:
He adds that companies such as MoneyGram as well as RippleNet users have seen an increase in transaction volume of more than 40% and Ripple Network members recognize the benefits of Ripple‘s payment solutions such as On-Demand Liquidity (ODL).
In addition, central banks around the world are seeing the need to introduce a digital currency.
At the end of last year, the Bank of France concluded in a wide-ranging study that Ethereum (ETH) and Ripple (XRP) technologies could serve as the basis for a digital currency.
A solution based on the Ethereum or Ripple Blockchain could enable end-to-end transactions using a tokenized central bank currency.
Ripple is currently working on expanding its presence in the Asian sector.
By the end of this year, SBI Ripple Asia plans to go into production with the ODL payment solution, which will take up to 50% of Ripple’s total network volume:
XUMM Banking App supports adaptation progress
The XUMM app, developed by XRP Labs under the leadership of Wietse Wind, was released earlier this year and offers all the features of traditional online banking.
The app can manage Fiat currencies, contact information, balance information and transaction records.
The app’s interface is intuitively structured so that even people without any technical knowledge can use it.
Follow me on
Twitter: https://twitter.com/cryptoexpert20
If you wont me to post your cryptocurrency article on my blog From the link
https://www.fiverr.com/cryptoexpert20/post-your-cryptocurrency-article-on-my-blog
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