Ripple’s Xpring Invests in CoinMe ATM Chain, #XRPArmy Believes XRP Will Appear on CoinMe ATMs Soon

Libra Coin News
Sat, 09/14/2019 - 12:30
Yuri Molchan
Ripple’s branch Xpring has invested in the crypto ATM chain CoinMe as part of the A-1 funding round, Ripple community hopes XRP will be added to the ATMs
Cover image via www.123rf.com
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On September 13, Ripple announced that its Xpring branch that focuses on supporting promising technical startups had invested in the CoinMe chain of crypto ATMs.

All-in-all, the startup raked in around $1,5 mln in the A-1 round of funding.

Ripple supports a leading global crypto ATM chain

CoinMe became one of the first crypto ATM chains in the US, back in 2014. As reported by Ripple’s Xpring in its Medium blog, they chose CoinMe since it coincides with their mission to spread the adoption of crypto and get coins to solve actual everyday issues.

CoinMe is the first crypto ATM industry startup that Xpring has invested in. The Xpring’s team writes:

We’re excited to partner with Coinme. They have the right team, technology, and thoughtful approach as a licensed and regulated entity to be a pillar for mainstream cryptocurrency adoption.

Will CoinMe add XRP to its ATMs?

Once the word was spread, XRP holders started posting comments, asking whether CoinMe now plans to add XRP to its crypto dispensing kiosks.

Some directly asked, when this is going to happen, clearly believing that the opposite answer is out of the question here.

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Ripple expands its influence and gets world-wide TV coverage

As reported by U.Today earlier, recently Ripple has struck two major partnerships – with the SBI financial giant in Japan (with actual XRP usage) and the leading Pakistani bank Faysal.

Also, just the other day, an interview with the Ripple CEO Brad Garlinghouse took place on CNN, where Garlinghouse addressed the major issues of Ripple’s rollout and FUD around it. The interview caused a lot of discussion in the community.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.