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Home Altcoins

Ripple To Service Over 10 Million Overseas Filipino Workers

by Freddie Miller
October 3, 2019
in Altcoins
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What Forbes Says about the Possible Cause of XRP Recent Price Upward Trend
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The tempo at which Ripple is running after partnerships to increase the use cases of XRP in the society is alarming.

In a recent update by the blockchain company, XRP has been pointed to be a seamless means of cross-border remittance for more than 10 Million overseas Filipino workers.

CEO of Coins.ph, Ron Hose, who just partnered with Ripple (XRP)  said he’s happy to be collaborating with the blockchain company to offer xRapid’s excellent services to over 10 Million overseas Filipino workers who are going to be using xRapid for cross-border remittance.

Today, Ripple declared it will be using Bittrex, Coins.ph, and Bitso exchanges to serve as converters of funds during xRapid transaction processes. xRapid is a tool that survives mostly on XRP. The tool will increase the number of people depending on XRP.

It is interesting to see Ripple (XRP) finding a suitable means of using XRP. Over the years there have been complaints from different corners that XRP is not finding adequate use cases in the society.

Now, with this new idea, XRP will service over 10 Million Filipino who want to make cross-border payment.

Ripple has faced a series of lawsuits and condemnations. However, the cryptocurrency keeps on soaring despite the market volatility and other problems linked to the cryptocoin in recent time.

Need For Cryptocurrency Adoption

Rather than weight for the Security and Exchange Commission (SEC) to authorize Bitcoin ETF, series of crypto pundits have adviced that campaigning for digital currency adoption in small stores will increase the acceptance of cryptocurrency and take the feet of fiat off the ground

Tags: BitsoBittrexCoins.phFilipino Cross Border Payment Via XRPRipple CoinRipple XRPxRapid
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Contents on NewsLogical.com are only for informational purposes and should not be construed as financial or investment advice.

Trading cryptocurrency is considered a high-risk activity that requires technical knowhow because digital currencies are generally volatile.

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