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Ripple’s Xpring Joins Forces with BRD Wallet to Expose XRP to 2.5 Mln Global User-Base

  • Yuri Molchan
    📰 News

    Xpring strikes a collaboration with BRD crypto wallet, enabling XRP exposure to its vast user-base

Ripple’s Xpring Joins Forces with BRD Wallet to Expose XRP to 2.5 Mln Global User-Base
Cover image via www.123rf.com

As per the press release, shared exclusively with U.Today, the BDR crypto wallet announces a strategic collaboration with Ripple’s developer company Xpring. The latter will provide an investment of $750,000 to enable BDR to implement the XRP Ledger.

BDR boasts around 2.5 mln users in more than 170 countries around the world.

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Xpring has recently launched a platform for software developers, so they can implement XRP payments, so the BRD team is also going to build on that platform.

Adam Traidman, the chief executive of the BDR wallet, says:

“We’re incredibly excited about joining forces with Ripple to bring XRP to our user base. Ripple understands the need for a strong wallet partner as they push into key markets like cross border banking and remittance, so we are thrilled to help them achieve their goals. In addition, it is our plan to have BRD be the cheapest and easiest place to buy XRP moving forward.”

Senior Vice President of Xpring, Ethan Beard, has commented on the news:

"At Xpring, we support mission-driven companies that have the potential to transform money. The BRD team has helped consumers onramp $6B worth of traditional currencies into digital currency, making them an ideal partner to continue the proliferation and adoption of cryptocurrencies like XRP to solve real-world problems.”

Do you believe that new partnerships of Ripple will help the XRP price to start growing and reach at least $1? Feel free to leave your opinion in the comments section!

 

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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.

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Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

  •  Denis Sinyavskiy
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    Former US Congressman Ron Paul shares his thoughts on the possible creation of Fed’s own cryptocurrency

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency
Cover image via www.123rf.com

Former US Congressman Ron Paul spoke on Fox Business and said that the Fed should not think about creating its own cryptocurrency.

Fed’s Crypto: To Be or Not To Be?

Rumors have been circulating for the past few months about the Fed possibly creating own cryptocurrency. It is expected that a digital coin would become a competitor to its counterparts on the market, and may even replace fiat money. President Patrick Harker, President of the Federal Reserve Bank of Philadelphia, commented on such rumors at a recent conference:

“It is inevitable. I think it is better for us to start getting our hands around it.”

However, there has not been no official follow-up by the Fed towards a crypto exchange. While proponents of this idea believe such innovation is necessary, it is expected that the exchange could stop the current delays involving US bank transfers.

What do the opponents think about the Fed's own cryptocurrency?

The idea of ​​creating the Fed's cryptocurrency has its opponents. This includes Ron Paul, who believes that the Fed is in a better position to stay away from digital coins and allow the private blockchain sector and payment platforms to resolve this discussion in real-time. What the Fed plans to do next is unclear, but the central bank may still enter the game.

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About the author

Starting with a simple interest in cryptocurrency, over the past two years, Denis has worked in a cryptocurrency fund and become an author with an analytical bias. His engineering degree helps with the analysis of the technical part of the cryptocurrency market. As a fan of cryptocurrency, Denis believes that the blockchain technology is the future.

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