Ripple in Talks with Mexican Central Bank Over Cross-Border Payments, But XRP Price Lags

2023-12-23 13:30

Popular XRP analyst Edo Farina tweeted that Ripple has been in discussions with the Central Bank of Mexico about using XRP as a “bridge asset solution” between the US dollar and Mexican peso.

According to Farina, Ripple presented information showing how its XRapid software and XRP cryptocurrency could facilitate faster and cheaper cross-border payments between the two countries.

“The official letter forwarded by Ripple also mentions XRapid, a software that utilizes DLT and $XRP,” said Farina on Twitter.

This potential real-world usage case for XRP could boost adoption and demand for the cryptocurrency. However, XRP’s price has stagnated in recent weeks despite altcoins like Avalanche and Solana seeing triple-digit gains.

In the last 30 days, XRP is up just 3% compared to 116% gains for AVAX, 65% for SOL, and even 22% gains for DOGE. This lack of upward price action is testing the patience of XRP investors.

Popular analyst Dark Defender tweeted that XRP finally broke out above a key resistance level on the daily time frame after multiple failed breakout attempts. With the RSI momentum indicator moving back above 50, this could indicate the start of a new uptrend.

The breakout, when combined with the strengthening RSI, signals that XRP is likely heading back towards the $0.66 level. “It would be nice to have a Christmas and New Year gift of XRP touching the $1.05 level.” explained Dark Defender.

So while Ripple continues making progress on real-world adoption, XRP holders will be hoping the technical breakout translates to the cryptocurrency playing catch-up to broader market gains.

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The post Ripple in Talks with Mexican Central Bank Over Cross-Border Payments, But XRP Price Lags appeared first on CaptainAltcoin.

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Ripple (XRP) на Currencies.ru

$ 0.5001 (-0.12%)
Объем 24H $387.584m
Изменеия 24h: -1.39 %, 7d: -5.44 %
Cегодня L: $0.4979 - H: $0.5006
Капитализация $27.686b Rank 7
Цена в час новости $ 0.6188 (-19.18%)

xrp bank ripple central mexican using peso

Источник: captainaltcoin.com

xrp bank → Результатов: 126


Фото:

Японский банк поддержал подъем Ripple XRP

XRP является сегодня ведущей криптовалютой, если говорить о приросте рыночной капитализации. За последние 24 часа она выросла на 9% на фоне поступательного роста и других криптоактивов. Аналитики связывают это со сделкой по сотрудничеству, в рамках которой второй по величине банк...

2020-4-29 18:05


Siam Commercial Bank goes back on its word; says it has ‘no plan on using XRP’

One of Thailand’s oldest banks, Siam Commercial Bank, made news after it previously hinted at the use of XRP token, via a tweet from their official Twitter handle. However, the tweet was deleted a few hours later, with the bank later issuing another statement which said that SCB will not be using XRP, as of […] The post Siam Commercial Bank goes back on its word; says it has ‘no plan on using XRP’ appeared first on AMBCrypto.

2019-6-7 17:00


Euro Exim Bank Will Start Using XRP for Cross-border Payments in Q1 2019

XRP continues its successful path to mass adoption as the ultimate token for interbank transaction processing. After multiple tests and announcements by several banks and payment processors, Euro Exim Bank of London finally announced that it will use XRP and Ripple’s xRapid software in a matter of weeks and before the end of Q1 this […] The post Euro Exim Bank Will Start Using XRP for Cross-border Payments in Q1 2019 appeared first on Ethereum World News.

2019-1-13 09:48


Платежные блокчейн-системы и криптовалюты наступают на пятки SWIFT

Согласно недавним сообщениям Ripple, ее корпоративная платежная сеть RippleNet будет насчитывать 200 участников после того, как к ней присоединились 13 финансовых компаний. В числе новых пользователей названы JNFX, SendFriend, FTCS, Euro Exim Bank и другие.

2019-1-11 19:27


Фото:

Гендиректор Ripple заявил критикам, что банки перейдут на XRP. Компания привлекла уже 200 клиентов

Как сообщает CCN, 13 новых финансовых учреждений начали использовать блокчейн Риппла при помощи RippleNet. Благодаря этому общее число клиентов компании официально перевалило за две сотни. Финтех-приложения и банки вроде Euro Exim Bank, SendFriend и JNFX интегрировали RippleNet для поставки ликвидности...

2019-1-10 14:20


Фото:

London-Based Bank Endorses XRP as Ripple Announces New Customers

Ripple announced on January 8 the addition of 13 new financial institutions to the company’s much-talked-about blockchain remittance system, RippleNet. More than 200 Customers Now on RippleNet Namely, Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND, and Rendimento become the latest organizations […] London-Based Bank Endorses XRP as Ripple Announces New Customers was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2019-1-9 17:29


Фото:

Euro Exim Bank Endorses XRP as Ripple Announces New Customers

Ripple announced on January 8 the addition of 13 new financial institutions to the company’s much-talked-about blockchain remittance system, RippleNet. More than 200 Customers Now on RippleNet Namely, Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND, and Rendimento become the latest organizations […] Euro Exim Bank Endorses XRP as Ripple Announces New Customers was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2019-1-10 17:29


Euro Exim Bank будет проводить трансграничные платежи криптовалютой XRP

И как обычно, во главе всего стоит компания Ripple, которая заинтересовала Euro Exim Bank и ряд платежных компаний осуществлением платежей при помощи XRP. Теперь, после того, как Ripple предоставила банку возможность стать участником сети RippleNet, проблемы с медленными и высокозатратными переводами останутся в прошлом.

2019-1-10 17:28


Лондонский Euro Exim Bank готов использовать XRP для трансграничных платежей

Лондонский Euro Exim Bank стал первым лицензированным европейским банком, заявившим о намерении использовать криптовалюту Ripple (XRP) для проведения трансграничных платежей. Вместе с 12 другими кредитно-финансовым учреждениями, среди которых представлены сервисы денежных переводов SendFriend, Transpaygo, Pontual/USEND, JNFX, ConnectPay, WorldCom Finance, BFC Bahrain, FTCS, GMT, банк Ahli Bank of Kuwait и компания Olympia Trust Company он присоединился к сети RippleNet. […]

2019-1-9 11:50


XRP Community Gets Excited about Ripple’s Potential in The Federal Reserve’s ‘FedPayments’ System

In a recent tweet uploaded by Bank XRP, a popular XRP and Ripple supporter shared a few videos with representatives of different companies and agencies talking about the payment industry. In the first video, Dave Sapenaro, the First Vice President and COO of the Federal Reserve of St. Louis, said that there are hundreds of […]

2019-1-5 21:25


Nano Founder Blasts XRP Cryptocurrency Saying Ripple’s Too Centralized and Slow for Bank Use

Ripple has made waves in the past two years. Since their arrival on the scene three years ago, the Ripple company has experienced a lawsuit, massive gains, massive losses, and major acquisitions. Even the crypto winter of 2018 has apparently been busy for the company, with the organization’s leaders coming forward nearly every month with […]

2018-12-23 05:58


Newsflash: Prime example why EOS is centralized and not a blockchain while Ripple technology has a new interested party considering joining their network

Biggest Japanese bank to explore Ripple’s technology Ripple’s cross-border payment solutions, powered by the XRP cryptocurrency, have seemingly gotten another party interested to explore them. The party in question, MUFG Bank (and its subsidiary Banco MUFG Brasil S.

2018-11-11 13:39


Will Ethereum (ETH) Or Ripple (XRP) Cryptocurrency Services Ever Be Adopted By Banks?

There are several blockchain projects in the cryptocurrency market. Two of the most important ones are Ethereum (ETH) and Ripple, which uses the XRP virtual currency for some of its products. Ripple, represented by the XRP virtual currency, grew around 13% in the last days after rumors regarding a bank that wants to use Ripple’s […]

2018-11-8 13:21


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