Although all cryptocurrencies have had it tough over the past few weeks, XRP has been hit especially hard. The altcoin, the third-largest crypto asset by market capitalization, fell as low as $0.105 on Thursday from its 2020 high of $0.345 established just weeks earlier, marking a drop of 70%.However, the cryptocurrency rapidly bounced back above…
It wasn’t just Facebook making one of the biggest announcements and steps towards mainstream adoption in the crypto space this week. Ripple also announced a strategic partnership with international money transmission service MoneyGram that would see the company use its XRP crypto token and could possibly drive up XRP price. MoneyGram’s stock has surged over…
R3, an enterprise blockchain software firm, launched Corda Settler, an application that settles international payments within a corporate network – and it supports XRP. The open-source application comes as a part of a bigger CorDapp package. It allows participants to issue payment requests and settle them on the Corda network through “crypto-assets” like XRP or…