XRP, the third largest cryptocurrency in the world, is fast approaching massive adoption as developers and other creators huddle together and add value to the XRP environment.
Rain is a Sharia-compliant cryptocurrency exchange in the Middle East, and XRP made its way onto the platform on 21 March, 2019. XRP is the fourth cryptocurrency listed on the exchange, after Bitcoin [BTC], Ethereum [ETH], and Litecoin [LTC].
According to the Saudi Gazette, Rain graduated from the Central Bank of Bahrain’s (CBB) Regulatory Sandbox on 26 February, 2019. The Saudi Gazette stated,
“To add more legitimacy and gain the trust of its customers, Rain also announced that it had passed a Sharia compliance certification. The Sharia-compliance certification was completed by Shariyah Review Bureau (SRB). SRB is licensed by the Central Bank of Bahrain as a Sharia Advisory firm authorized to issue Sharia compliance certifications.”
A developer, SchalaubiDev, recently developed an add-on for Microsoft Outlook, which would allow users to send XRP to other users easily. This add-on is currently up and running on Outlook 2016, with support for Office 365 in the works. The developer also added that the same functionality would be added to Gmail as well.
XRP is being accepted by various exchanges around the world, the most recent in the ecosystem being the coin getting added to PayGlobal’s ATM bank card payouts.
UPDATE: Community asked for it, and they now get it. XRP is now live on @Payglobalme You can easily exchange XRP to fiat and send to your existing bank card or bank account and in the UK you can get cash at ATM’s with no bank card needed. #XRP #buidl #Crypto pic.twitter.com/NKekgFIdzN
— PayGlobal (@Payglobalme) March 19, 2019
The addition of XRP on its platform came nine days after a poll conducted by PayGlobal. With PayGlobal, users can directly shift from crypto to fiat using their existing bank cards.
Price of XRP
David Schwartz, the CTO of Ripple, spoke at the SXSW Conference recently, giving his insights on Ripple, XRP, and the things that the company is focusing on. He wanted XRP’s price to be linked not to the company Ripple, but to the ecosystem concerning XRP and Ripple. He added that the price of XRP might be tied to the success of Ripple.
An XRP enthusiast, XRP Research Center, tweeted,
— XRP Research Center (@XrpCenter) March 20, 2019
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Akash is your usual Mechie with an unusual interest in cryptos and day trading, ergo, a full-time journalist at AMBCrypto. Holds XRP due to peer pressure but otherwise found day trading with what little capital that he owns.