Coil’s New Partnership With GateHub Allows its Users to be Paid in XRP

An XRP Ledger wallet and gateway, GateHub has announced its partnership with Coil. With this partnership, users of Coil, that enables content creators to monetize their websites and get paid in real-time, can now be paid in XRP digital asset.

Coil creators can now use GitHub to receive funds in XRP and convert them to EUR, USD, BTC, ETH, and also withdraw them to their account or Bitcoin and other desired accounts.

“Money streaming is here! With a bright future ahead for Web Monetization and a growing interest in the Interledger Protocol, we are writing a new chapter with Coil,”

states GateHub CEO Enej Pungerčar.

“This is the start of a great partnership. Together we will bring this technology to a broader audience,”

he added.

Founded by Stefan Thomas, former CTO of Ripple, the idea behind Coil has been to build a better business model for the web. Coil uses Web Monetization, an open web standard unit built on Interledger that enables micropayments in any currency.

“Our integration with Gatehub provides creators with the ability to withdraw their web monetized earnings to any European bank account. This makes it much easier for creators and developers across Europe to experiment with and use Interledger and Web Monetization,”

Stefan Thomas, Coil CEO said.

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AnTy
AnTy
AnTy has been involved in the crypto space full-time for over two years now. Before her blockchain beginnings, she worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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