Ripple’s XRP Ranked As No. 1 In Terms Of “Best Combination Of Technology And Adoption” By Weiss Ratings 


Weiss Ratings is known in the crypto space, and their opinion is quite respected.

That’s why it’s important that they just released the annual outlook on the current state of the crypto market.

Weiss Ratings has been providing financial market research and analysis for consumers and businesses for more than three decades now. They released the first crypto rankings back in January 2018.

Annual outlook on the state of the crypto market

The agency’s overall crypto rankings offer EOS, XRP, BTC, and BNB a “B,” in terms of “risk and reward factors” and they claim that no coins will get an “A.”

The Daily Hodl reports that regarding the “best combination of technology and adoption” Weiss Rating names XRP as the number one crypto, “giving XRP, EOS and Bitcoin an “A”, Ethereum an “A-” and Cardano, Steem, NEO, Zcash, Litecoin and Stellar a “B+”.”

Weiss Ratings believes that XRP is the best positioned in order to compete with the global financial messaging network SWIFT.

More than that, EOS is the leading digital asset that can challenge ETH and BTC will probably become a popular store of value.

Here are their ratings on an infographic.

 

XRP vs. SWIFT and Western Union

Not too long ago, it was reported that Western Union continues to test Ripple's solutions in order to find out whether they can enhance their payment system.

During the World Economic Forum in Davos, Western Union’s CEO Hikmet Ersek provided the latest update regarding a partnership with Ripple.

Ripple's solutions can provide cheaper, safer and faster cross-border transactions.

BeeTech Global, the Brazil-based payment service, uses RippleNet in order to make remittance payments for people from around the world.

Speaking about SWIFT and Western Union, BeeTech Global recently said that using Ripple, they enjoyed much lower fees compared to Western Union, and their transactions are faster than SWIFT.

Coins Mentioned

NEO

NEO

EOS

EOS

BNB

Binance Coin

XRP

XRP

ETH

Ethereum

BTC

Bitcoin

Icon
1xBit

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
Nitrogen Sports

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
7bitcasino

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
BitStarz

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
FortuneJack

Lorem Ipsum is simply dummy text of the printing and typesetting industry....

Exchanges
Icon
CEX.IO

Read Review - Website

Icon
Coinbase

Read Review - Website

Icon
Binance

Read Review - Website

Casinos
Icon
7bitcasino

Read Review - Website

Icon
BitStarz

Read Review - Website

Icon
FortuneJack

Read Review - Website

Sportsbook
Icon
1xBit

Read Review - Website

Icon
Nitrogen Sports

Read Review - Website

Icon
SportBet.io

Read Review - Website

Trending news

Binance

Trending news

Top Exchanges
Icon
CEX.IO

4.00

Read Review - Website

Icon
Coinbase

4.48

Read Review - Website

Icon
Binance

4.50

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Top Sportsbook
Icon
1xBit

4.03

Read Review - Website

Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

1408 Articles
7255 Followers