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

  • Alex Dovbnya
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    BitPay will add Ripple’s XRP as a new payment option by the end of this year

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

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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.

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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
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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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