XRP Builds Momentum With 7% Increase As Ripple Launches New ODL Partnership
XRP has been soaring in the monthly chart with a 7.2% profit as Ripple continues to expand its corridors worldwide. As of press time, the seventh crypto by market cap trades at $1,01 and records a 10.3% correction in the daily chart. XRP seems to be reacting to the general trend in the market as Bitcoin, Ethereum, and other cryptocurrencies in the top 10 by market cap trend to the downside. As NewsBTC has reported, the derivatives sector has been heating up due to the recent rise in the aforementioned coins. Related Reading | SEC Takes Blow In Action Against Ripple, Will It Impact XRP....
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Digital payment network Ripple has partnered with the Republic of Palau to develop its own digital currency. The payment network is still on a mission to dominate the global payments industry. That is, despite the issues it is dealing with in the U.S. Related Reading | SEC Takes Blow In Action Against Ripple, Will It Impact XRP Price? Like El Salvador, the country does not have its own fiat currency or even a Central Bank. Its legal tender, instead, is the U.S. dollar. The partnership with Ripple will focus on developing a USD-backed digital currency, more like a stablecoin rather....
Ripple CEO Brad Garlinghouse said the firm is to wind down its partnership with MoneyGram. But they remain committed to eliminating payment friction inherent in global financial systems. Ripple re-tweeted details of their most recent significant partnership with bKash and Mobile Money as a response. #RippleNet is partnering with Mobile Money and @bKash_ltd to power […]
The long-standing legal battle between Ripple and the SEC in the US has not stopped the firm from advancing into other markets. For example, ripple announced its first On-Demand Liquidity partners (ODL) in France and Sweden via press release. Ripple continues its expansion into the European markets to provide online payment services leveraging its XRP token. In the press release, Ripple announced that it would join forces with Lemonway, an online marketplace payment provider based in Paris. Related Reading: Huobi Token Spikes Nearly 30% In Last 24 Hours As HT Seen Rising On Revival Plans....
Ripple is up over 15% and it broke the $0.5500 resistance against the US Dollar. XRP price is likely to continue higher towards $0.5800 and $0.6000 levels in the near term. Ripple started a fresh increase after it broke the $0.5000 resistance against the US dollar. The price is trading nicely above the $0.5200 level […]
While the partnership between Ripple and MoneyGram has been officially terminated, the two firms have expressed they are open to resuming collaboration in the future. Ripple CEO Brad Garlinghouse has issued a statement announcing the fintech firm and MoneyGram International have together decided to “wind down” their partnership.However, the March 8 statement noted that both companies are committed to revisiting some form of partnership together in the future.Garlinghouse noted that together, Ripple and MoneyGram International (MGI) processed billions of dollars through Ripple’s RippleNet....