Ripple has surpassed ETHereum and now has the second largest market cap out of any Cryptocurrency.
Last week, 3 of Japans major credit card companies signed a deal to begin using Ripple technology.
The 3 credit card companies that signed the deal are JCB, Sumitomo Mitsui Card, and Credit Saison.
In a matter of days, Ripple has soared over $2 USD and currently sits $2.21 as of 2:15am EST
The foundation of Ripple’s technology utilizes cross-border payments that can be completed in under 15 seconds.
The recent rally in the price of XRP started after a group of Japanese and South Korean banks last week announced the launch of a pilot scheme to use Ripple’s technology for sending money between the two countries.
The US company has signed up more than 100 financial institutions to use its blockchain technology over the past year.
As far as the price for Ripple goes, it spiked to above $2.50. Over the next week, as more people look to get into the ripple hype, the price could looks like it could break possibly $3 or $4.
What are your price predictions for Ripple? Let me know below!
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