RATE Group | September Outlook On Ripple – XRP USD (Cryptocurrency:XRP-USD)
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September Outlook On Ripple – XRP USD (Cryptocurrency:XRP-USD)

26 Sep September Outlook On Ripple – XRP USD (Cryptocurrency:XRP-USD)

Posted at 19:33h in Cryptocurrency News by

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Despite doing some good business for itself, Ripple Labs has so far found it difficult to transmit the same results into its native crypto. Like many other altcoins, Ripple (XRP-USD) has found itself on the back foot in its pairing with BTC and has struggled to gather bullish momentum. So, what does September 2019 hold for XRP/BTC?

Fundamental Outlook

Ripple crossed the newswires a few days ago with news that a Pakistani-based financial institution has joined RippleNet and will be using xCurrent to conduct cross-border payments. Faysal Bank Ltd. is one of the largest banks in Pakistan and, by this agreement, becomes the first bank in the country to join RippleNet. This news was confirmed by the bank’s Twitter handle.

Similarly, Ripple-based solutions are now available to clients of PNC, the 8th largest bank in the US. This is because PNC now uses xCurrent, one of the products rolled out by Ripple Labs to enable financial institutions to carry out cross-border payments and…

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