Ripple’s XRP Hits 1000+ Market Milestone - Today's Gazette - Cryptocurrency, Bitcoin News
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Ripple’s XRP Hits 1000+ Market Milestone

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Ripple’s XRP Hits 1000+ Market Milestone

After a tremendous rally at the start of the previous week which many tagged ‘Golden Cross’, Bitcoin amongst other coins have failed to buoy the momentous trend, with a slight fall down the cliff. However, XRP adoption in the cryptocurrency space continues to rage up with calls from a number of reputable FinTech firms and top-notch exchanges around the world.

On Tuesday, a popular Ripple (XRP) oriented news platform, XRP Arcade, announced that XRP has reached a milestone of over 1000 markets visibility, an achievement tipped with the certainty of bringing in more adoption for Ripple’s XRP.

Previously, it was all about XRP being a base currency on fewer exchanges; nevertheless, the game has been upped for more visibility.

XRP is now available for trade on over 1000 markets around the world as 316 exchanges makes the altcoin live on their platform for transactional purpose. This includes two important exchanges (Zipmex and OOOBTC) which the announcements were aired on Tuesday.

Aside the 1000+ markets, there are 30 new markets with official confirmation to feature XRP in the next few days. On another side, a total of 59 wallets support XRP.

Siam Commercial Bank partners Thailand Exploration and Production To Use Ripple

A Thailand based petroleum exploration and production company, PTT Exploration and Production Public (PTTEP) Limited, just announced a partnership deal with Siam Commercial Bank (SCB) to facilitate financial transactions across the coast.

Through the collaboration, PTTEP will be using Ripple’s blockchain technology for cross-border payment to augment its digital competence in the competitive world.

The implementation of the partnership will make operations begin in CLMV and Southeast Asian countries this year and subsequently to other parts of the world.

SCB, in a statement disclosed its commitments to handing users efficient and speedy services by harnessing innovative technologies that transforms business in the digital era.

The alliance, according to PTTEP, will bring a revolutionary change into the finance industry

Lawal is a serial entrepreneur, a contributor to Arianna Huffington's Thrive Global , Oracle Times, Coin Gape and a host of other notable news publications. He delved into the blockchain industry due to his longtime love for finance and innovative technology. Lawal's contributions to entrepreneurship can not be overemphasized as he co-created a flourishing African news publication. He hopes to be a venture capitalist one day. Lawal is an unrepentant lover of Blockchain technology, a senior market analyst for Today's Gazette. Contact: lawal.khalid@todaysgazette.com

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