Ripple’s XRP to Be Accepted by Thousands of Businesses Because of BitPay Partnership

Libra Coin News
Wed, 10/02/2019 - 15:54
Alex Dovbnya
BitPay will add Ripple’s XRP as a new payment option by the end of this year
Cover image via 123rf.com
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BitPay, the leading cryptocurrency payment company, will allow its customers to pay thousands of merchants around the globe with Ripple’s native token XRP by the end of 2019. 

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A big day for Ripple

The members of the #XRPArmy seem delighted by the new addition, claiming that Bitcoin is way too slow and volatile to be used as a means of payment.

    On the same day, Ripple’s investment arm Xpring also presented a software development kit that would allow integrating cryptocurrency payments into different apps.

Because of the above-mentioned partnership, BitPay will become part of the Xpring SDK platform, thus making it much easier for devs to accept crypto.

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Adding more choices

As reported by U.Today, BitPay finally added Ethereum as a new payment option on Sept. 16 with the company’s CEO Stephen Pair describing this as the next logical choice.

Until that point, BitPay, which was founded back in 2011, only supported Bitcoin and its controversial fork Bitcoin Cash.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.