In line with the bull run, the market surge and predicted future bull runs, we should look back at what has been announced by Ripple over the past month that could see the price of Ripple XRP sky rocket, plus could see further worldwide integration across the board of Ripples services.
Santander OnePay FXThe creation of Santander’s new cross border payment app, OnePayFX has been a looming announcement for some weeks now. Just yesterday, Banco Santander released a statement which confirmed suspicions that the app would use blockchain technology. This is what Ana Botin, Executive Chairman of Banco Santander had to say:
OnePay FX uses xCurrent, a service provided by Ripple. With Ripple already on board, the next steps here are that Ripple XRP, the native currency to Ripple could be included as a currency for payment and transfers. The inclusion of this, would indeed sky rocket the value of XRP.
Walmart2WorldRecent announcements by Walmart uncovered the creation of Walmart2World, a MoneyGram payment transfer system. We already know that MoneyGram features in numerous Walmart stores as a physical entity and now powers the Walmart2World cross border payment platform. With Ripple’s integration into MoneyGram’s systems, it has been suggested that one day, Ripple and Walmart could partner up, integrating XRP as both a payment option for transfers within Walmart2World and of course as a physical currency for use in Walmart stores, again, if this happens, the value of XRP would shoot right up.
The Nilson ReportA partnership between global payment provider ‘Cambridge Global Payments’ and Ripple has seen the company use xCurrent and test xRapid for payment solutions within their platform. The Nilson Report discusses a mobile authentication platform for mobile network operators. The report states:
If indeed this technology is to integrate Ripples services, the increased interest in Ripple on the whole could have an affect on the price of XRP.
These are just a few of the numerous partnerships that Ripple has engaged in over the past few weeks, these partnerships, whilst not directly integrating XRP open up many new opportunities for the currency. This is recognised within the industry and as a result can help to drive up the value of currencies.
Moreover, pair this up with the current price surge, any developments within the Ripple community of this nature can only contribute to a positive rise in the price of XRP.
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