Ripple’s XRP Is the Best Solution For The Unbanked And Under Banked
One of the main reasons for which Bitcoin has been created is reportedly to reach people in unbanked and under-banked areas.
But the digital asset that perfectly manages to achieve this is Ripple’s XRP with its cross-border remittance being available all over the globe.
Both Ripple and XRP have been marking a lot of achievements this year, and the community has something to celebrate almost on a daily basis.
The San Francisco-based company has been enjoying a lot of new partnerships, and the digital asset XRP has seen a lot of new listings and various achievements which are leading the coin on the right path towards mainstream adoption.
XRP is supporting crypto mass adoption
Ripple keeps releasing solutions that help banks and other financial institutions carry out faster, safer and cheaper transactions across borders.
Ripple and XRP have been at the forefront of crypto adoption to the unbanked and underbanked locations in the world.
Ethereumworldnews brings up Roel Wolfert, a Managing Partner at VGRIP, who says that “By slashing cross-border remittance times to minutes, #blockchain-enabled services are attracting users who typically aren’t banked.”
He said this in a blog post about the contribution of blockchain technology in the Middle Eastern financial landscape.
It’s also worth mentioning that the adoption of Ripple and XRP by payment service providers in various parts of the globe is an important reason why cryptocurrencies are getting more attention.
XRPayments app available in the App Store and Google Play Store
Just the other day, Wietse Wind announced that Google and Apple App Stores accepted their XRPayments app.
According to his tweet, “Right on time! Our XRPayments app was just accepted by Google and Apple. You can get the app now from the Apple iOS or Google Play store, and start accepting $XRP for payments in your physical store!”
The same online publication also describes how financial institutions are pushing Ripple and XRP adoption.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.