RATE Group | Ripple’s XRP Officially Added by Bitpay for Thousands of Merchants
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Ripple’s XRP Officially Added by Bitpay for Thousands of Merchants

22 Jan Ripple’s XRP Officially Added by Bitpay for Thousands of Merchants

Posted at 22:37h in Cryptocurrency News by

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In October 2019,  blockchain payment company BitPay announced the support for XRP.  XRP now is the world’s third-largest cryptocurrency by market capitalization. At the time of writing, its market capitalization was $10,295,012,141 and the XRP price was $0.2361 growing by 0.84%.

When talking about BitPay, XRP has been integrated on the company’s platform via Ripple’s open developer platform Xpring. As per the company’s explanation, Xpring is an “initiative by Ripple that will invest in, incubate, acquire and provide grants to companies and projects run by proven entrepreneurs. Every entrepreneur will use the digital asset XRP and the XRP Ledger, the open-sourced, decentralized technology behind XRP, to solve their customers’ problems in a transformative way.”

At the time, Sean Rolland, Director of Product at BitPay said:

“The addition of XRP as the next blockchain asset supported by BitPay expands blockchain choices across the payments space.”

Ethan Beard, the…

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