XRP Rules the Top Cryptos with 7% Gains while Xendpay and Ripple Partner to Send Payments to Thailand
Today, Xendpay a financial firm revealed that it is running on Ripple to send payments to Thailand that coupled with the building momentum took XRP upwards, registering highest gains among top 25 cryptos.
Fair, Fast, Safe Global Money Transfers
Just yesterday, RationalFX revealed that it has partnered up with Ripple to make money transfer faster, easier, and more secure. The firm has reported thousands of clients that are using RationalFX to manage their international money transfers.
Now, Xendpay, a payment firm divulged that it is processing payments to Thailand by using Ripple. As per its website, the company offers fast, low-cost, and secure global money transfer services to its customers.
Xendpay using #Ripple to process payments to #Thailand. Super-fast, efficient, cost-effective. We're delighted to be able to support so many payment corridors with Xendpay. #Runsonripple: future of payments! https://t.co/1wSsUn2IiE
— Marcus Treacher (@marcus_treacher) April 5, 2019
Xendpay has been already partnered with RippleNet for cross border payments from the UK to Indonesia, Vietnam, Bangladesh, Malaysia, and Sri Lanka and now a new payment corridor has been added in terms of Thailand.
The company uses Ripple’s leading blockchain technology to send and track the money while providing an additional layer of security via MasterCard SecureCode and is further verifying the right deliveries through Visa.
RippleNet network is growing exponentially as it covers about 40 countries including the new corridors viz. South America, Asia, Africa, North America, and Europe.
XRP Takes A Hike
After seeing little gains while the crypto market was enjoying significant surge, today the third-largest digital asset by market cap finally made some moves. At the time of writing, XRP has been trading at $0.3657 with 24-hours gains of more than 7 percent. In the BTC market as well, it is up by 7 percent as per Coinmarketcap.
As can be seen in the above XRP/USD chart, today it made up for the lack of substantial jump in price for the last couple of days. Among the top cryptocurrencies, XRP is the top gainer.
On April 1st, XRP has been trading at around $0.3076, since then it has surged over 23 percent to the highest point of today at $0.379 as per TradingView.