Ripple (XRP) is frequently in the news, at least since the beginning of the year, with its new partnerships with international financial institutions and banks. Even though currently Ripple (XRP) is trading low ($0.61), Ripple’s platforms and technologies are focusing on offering instantaneous and cheap cross-border transactions, primarily, and that can boost XRP soon. In this article, you’ll find 3 reasons why you should get some XRP fast.
Ripple (XRP) focuses on the banking industry and comes with a modern vision
Ripple company aims for more and more partnerships with banks and financial institutions. Even more, Brad Garlinghouse, the Ripple’s CEO, admitted several times that the primary goal for Ripple and XRP (Ripple company’s cryptocurrency) is to deal with half of the banks and financial institutions of the world.
Of course, if Ripple will get closer to its goal, competitors will emerge from both blockchain and regular market.
Ripple (XRP) – 3 Reasons Why You Should Get Some XRP Fast
Ripple platform transacts more than $1 billion, weekly
The Ripple network is trustworthy and that led last week to more than $1 billion transactions ran via the Ripple’s payments platforms by its already-established partners.
And if we add that for a single confirmed transaction the Ripple’s commission is only 0.000012 XRP, then it will be clear why financial institutions and bank are interested in adopting Ripple and even its XRP crypto token.
Ripple overcomes VISA
VISA is only able to conduct 24,000 transactions per second, while the Ripple platform can conduct 25,000 transactions per second.
Maybe a small difference but it means a lot if you’ll able to see the big picture as there are several million transactions conducted daily, therefore, on the long-run Ripple performs better and faster.
All that will benefit the XRP, in the end.
Ripple (XRP) Cryptocurrency Marketplace
Ripple (XRP) managed to deal with big companies including Western Union and MoneyGram. Besides, many speculate that Amazon and Starbucks will also deal with Ripple and adopt XRP payment system by the end of the year.
Once again, all these deals, if they will be concluded, will definitely boost the XRP value against the USD.
In conclusion, here are just 3 reasons why you should get some XRP fast. However, it is your choice whether you buy Ripple (XRP) or not but all the news seem to lead to one conclusion – Ripple (XRP) will go to the moon. I bet you’d like to have a few XRP in your account when this will happen.