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3 Large Money Transfer Firms to use Ripple in 2018

Ripple XRP crypto income master

3 Large Money Transfer Firms to use Ripple in 2018

Ripple has released a tweet saying:

3 of the top 5 global money transfer companies plan to use XRP in payment flows in 2018. Even more in the pipeline.

This is promising news for people that have invested in Ripple (XRP) which has seen amazing growth in 2017. XRP achieved a growth of 35,000% in 2017 and it’s still early days with more firms gaining interest using the blockchain to make transactions across the world more efficiently and with fewer fees.

Ripple XRP coin income master

Ripple’s market cap also grew enormously during 2017, currently switching between 2nd and 3rd highest with Ethereum.

2018 will be an interesting year for cryptocurrencies, whether another coin/token can finally take down the king, Bitcoin. Many say that Bitcoin’s time is over and it is inefficient and flawed compared to Ethereum.

Another price surge was expected for Ripple XRP when major cryptocurrency exchange, Coinbase, was rumoured to support it. They have now since announced that there are no plans to offer it at this point in time.

The CEO of Ripple, Brad Garlinghouse also tweeted the following:

Over the last few months I’ve spoken with ACTUAL banks and payment providers. They are indeed planning to use xRapid (our XRP liquidity product) in a serious way.

The Top 5 Money Transfer Companies

  1. Western Union
  2. MoneyGram
  3. TransferWise
  4. WorldRemit
  5. PayPal

3 thoughts on “3 Large Money Transfer Firms to use Ripple in 2018

  1. 2018 will be an interesting year for cryptocurrencies. Blockchain technology is here to stay in one form or another which will be a game changer. Given the returns we have witnessed in some cryptocurrency, it is safe to say that they are definitely a very risky asset! I am sure there is a lot of money to be made with cryptocurrency but I will stick with what I know, slow, boring, dividend stocks and ETFs Great info Thanks.

    • Completely agree. I only have a small percentage of my portfolio invested in cryptocurrency while the majority is in stocks and ETFs.

  2. Ripple is off to a shaky start this year, as are a lot of other Cryptos like Ethereum and Bitcoin. I’m enjoying buying during this correction.

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