Ripple (XRPUSD): XRP Adoption Is On the Rise, As Ripple D...

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europa7

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Tuesday, 05/21/2019 1:00:45 PM

Tuesday, May 21, 2019 1:00:45 PM

XRP Adoption Is On the Rise, As Ripple Dominates Banking and Financial Industry -Tue May 21
https://smartereum.com/31452/xrp-news-today-ripple-is-dominating-the-finance-sector-with-its-products-that-use-xrp-the-adoption-of-xrp-is-on-the-rise-ripple-still-faces-its-centralization-concerns-x-tue-may-21/

"...According to the firm, RippleNet reduces transaction costs, speeds up transactions, and bring together a level of certainty to cross-border payments. Smaller transactions in developing markets such as China, India, and Brazil will benefit more from cross-border settlements platforms that don’t cost much or take several days.

Cross-border payments will increase by 3.4 percent or about $466 billion this year – according to the World Bank. Ripple is presently at the vanguard of the industry, and it has partnered with more one hundred payment providers and banks. Ripple is the firm with products such as xCurrent, RippleNet, and xRapid, and some of these products work with the XRP ledger. So as the adoption of these products increase, the adoption of XRP also increases, and this might have a significant effect on its value in the near future..."