Ripple in October will launch a platform xRapid, which will allow to accelerate and reduce the cost of cross-border transactions. This writes Cointelegraph , citing a statement by the Director of Ripple on regulation in the Asia-Pacific and middle East regions Sagara of Serbia.
Why Ripple can grow
xRapid will speed up cross-border transactions and to facilitate the access of financial institutions to the cryptocurrency. They do not have to work directly with the token XRP notes Sabha.
I’m sure in the next month or so you will hear good news about the launch of the production version of the platform xRapid.
At the moment Ripple has contracts with the exchanges Bittrex, Mexican Bitso (USA) and Philippine Coins.Ph (Philippines) that will handle transactions in XRP pairs with the us dollar, and the Mexican and Philippine currencies. In the case of a successful launch on the platform in the future there will be other Fiat currency.
The upcoming launch of the platform plays in favor of the forecast user under the name Bearableguy123, who calls himself an insider of team Ripple. The day before he predicted the growth rate of XRP to 589 dollars by the end of this year.
Whether to wait for sharp growth of XRP in the coming months ? Waiting for your comments in cryptodata of hontarov.
SUBSCRIBE TO OUR CHANNEL IN THE TELEGRAM TO LET EVERYONE KNOW.