Binance Considering A Partnership With Ripple [XRP] In Future.

Binance Considering A Partnership With Ripple [XRP] In Future.

2019-02-08 | Robin Williams

Binance Considering A Partnership With Ripple [XRP] In Future.

In line with a recent 'interview' with the CEO of Binance exchange ‘Changpeng Zhao’, ‘Binance’ is considering a partnership with Ripple [XRP] to use its cross-border payment platform named ‘xRapid’.

Speaking in his primary live stream, Zhao also known by the name of CZ within the crypto community — provided a positive message that Binance is “definitely” willing to partner with Ripple [XRP], whose native currency XRP is presently the largest altcoin by 'market capitalisation'.

Moreover, CZ additionally claimed that xRapid isn't a priority for the crypto exchange at this time, mentioning that there's “nothing going right now” for the exchange with xRapid, adding:

“We’re mainly focusing on launching additional options without delay, so we are operating with variety of other partners. With xRapid, there’s nothing going on right now, but within the future we’ll definitely want to add them as a partner.”

Earlier in May last year, and 'launched' commercially in Oct., Ripple’s xRapid product represents a real time settlement platform that's designed to quicken up cross-border payments based on the liquidity of Ripple [XRP].

As reported earlier today, via in the same live stream, CZ stated that crypto business growth doesn’t essentially need the emergence of Bitcoin [BTC] ETF [Exchange Traded Funds] — a development much-anticipated by several within the industry. Binance’s chief executive officer additionally stressed that the business can grow as more and more entrepreneurs bring forward real blockchain and crypto apps.

Earlier on 31st Jan., Binance exchange 'launched' support for credit card crypto buyers via its recent partnership with payment processor ‘Simplex’.

Also on 31st Jan., Japan’s SBI Holdings 'recognized' Ripple’s [XRP] potential for cross-border payments in its nine-month monetary report.

At the reporting time, Ripple [XRP] is up presently trading at a price around '$0.297 USD' which is 1.98% higher than yesterday.

Binance Considering A Partnership With Ripple [XRP] In Future.

Leave a comment

Your email address will not be published. Required fields are marked *

Top 7 cryptocurrency overview

Best trading tool for cryptocurrency

2022 Top cryptocurrency Price Prediction List