Press "Enter" to skip to content

Ripple believes XRP usage will surge in South-East Asia and Latin America

Latest News

XRP is ranked at #3 in the market. The trading volume recorded stands at approximately $1.324 billion, while the supply has 43,298,481,757 XRP coins in play, which depicts an increase in comparison to the ones in circulation [as reported a few days ago]. The total market cap of XRP amounts to $11.897 billion for now. The price sunk at a rate of 0.2% in the course of the past 24-hours; this, in turn, caused the digital currency to drop all the way down to the $0.274774 mark where it currently holds.

Marjan Delatinne is the head of banking at Ripple. Recently, she attended the Asia House Global Trade Dialogue which was held in Singapore this year. During the event, she spoke of how MoneyGram is spreading its wings to accommodate thousands residing in Mexico and Thailand, and the numbers keep surging. Marjan remains optimistic with regards to Ripple’s future growth, she holds the opinion that On-demand liquidity [ODL] brought about by xRapid is a key highlight that few can ignore. According to her, XRP operates as a “bridge currency” and is a revolutionary entity which shall transform money in the coming years.

However, in spite of volumes growing, the asset itself continues to perform poorly in the market. Let’s hope and pray that a trend change is observed someday soon.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.