There is another wave of happiness in the XRP ecosystem as a prominent platform in the ecosystem reached €1 million milestone.
On April 30th, Wietse Wind, the creator of XRParrot and also XRP Tip Bot, announced that XRParrot had converted its 500,000th Euro to XRP. The founder is still working on other projects at the moment.
🍻 Someone just converted the 500,000th € to XRP using @XRParrot 🎉 pic.twitter.com/cqYZ6Fgi4T
— Wietse Wind { 𝚡𝚛𝚙𝚕𝙳𝚎𝚟: 𝚝𝚛𝚞𝚎 } (@WietseWind) April 30, 2019
In November 2018 when the payment platform started, it achieved a total conversion of 125,000 XRP in just 3 days.
XRParrot is a non-profit registered business in Netherlands. Wietse Wind, the creator, is one of the primary developers in the XRP community working endlessly to increase the use cases and adoption of Ripple’s XRP.
The developer said XRParrot was launched to make it easier for Europeans having IBAN accounts to acquire XRP.
XRParrot was officially introduced into Europe on November 16th 2018 when its Beta testing was rolled out, says a post on Coil.
The latest update has it that the platform has performed over €1 million (around US$ 1.11 million) conversion to XRP. This was achieved in less than a year that the XRP-centric platform was launched.
The one millionth Euro, according to the post, was processed by XRParrot this morning around 08:00 Wednesday, Central European Time (CET).
In February, Ripple’s investment arm, Xpring, invested in Wietse Wind’s XRPL Labs.
Xpring said Wietse “creative approach, leadership and ability to engage developers” made them invent in his ideas.
“The funding will enable Wietse to dedicate more time and resources to his projects, which he will independently select.”
Wietse’s XRPL Labs is working on ‘Signing Platform’, an App that allows XRP users to interact with the XRP ledger from their mobile smartphone (iOS / Android).
The firm is also working on Decentralized Exchange UI that permits viewing, creating and canceling of offers on the XRP ledger Decentralized Exchange. The innovation will permit trading XRP for IOU’s and vice versa.
Ripple-Dependent MoneyTap Partners PayPay Inc.
Ripple-centric MoneyTap has announced a partnership with PayPay Inc. PayPay will make use of MoneyTap protocol to achieve fund transfer, making it jettison the Credit and Finance Information Switching system [CAFIS].
The announcement reads: “in this business alliance, when a user charges PayPay balance from a bank account, it does not go through the existing infrastructure such as CAFIS (* 1) through Money Tap infrastructure provided by Money Tap.”
MoneyTap is a joint project of Ripple and SBI. The application has converted to a business infrastructure making use of DLT.
