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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