Spend XRP At Amazon With New BitPay Integration
The crypto market looks pretty bloody today, and most digital assets are trading in the red. This comes following a really exciting past week which saw the prices skyrocketing.
Ripple‘s Brad Garlinghouse once said that there are more important things in the crypto space than the prices and these include developments, use cases for a certain crypto and mainstream adoption.
Mass adoption of digital assets has been one of the main goals of the crypto industry back in 2019 and it still is.
Use XRP at Amazon
Now, massive news makes the XRP army of fans more than excited these days. It’s been just revealed that the crypto payments service BitPay launched new support for XRP.
BitPay co-founder Tony Gallippi confirmed that users would soon be able to buy first cards with XRP starting this week.
He retweeted the news, which was first revealed by a group of XRP fans.
The giftcards give crypto holders the easiest way of spending their crypto at a long list of important retailers, including Amazon, Burger King, DoorDash, Domino’s, GameStop, and Home Depot.
BitPay’s main service is designed to offer companies and individuals an easy way to accept crypto payments as well as store their crypto assets.
Thank you, @TonyGallippi!
— Tiffany Hayden🧢 (@haydentiff) January 18, 2020
XRP’s scalability sets it apart from more digital assets
The company added support for XRP payments in October after teaming up with Ripple.
BitPay director of product, Sean Rolland, says the speed and scalability of XRP set it apart from most crypto assets on the market.
“BitPay customers are leveraging the promise of blockchain payment technology and with XRP can offer a payment option that is fast, cost-effective, and scalable. The addition of XRP as the next blockchain asset supported by BitPay expands blockchain choices across the payments space,” he said.
XRP is currently trading in the red on CoinMarketCap and the coin is priced at $0.232679.
Garlinghouse is both the CEO and Chairman of Ripple Labs. This year, Ripple surpassed 300 partners, including over 115 banks worldwide. Having launched On-Demand Liquidity (ODL) for cross-border payments, Ripple now has more than 20 partners using XRP for ODL, including Moneygram, Western Union, and American Express.
CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.