Almost all fans and owners of the XRP cryptocurrency are eagerly awaiting the listing of their coin on the world's largest crypto exchange - Coinbase. However, the wait continues to drag on, so many of them began to wonder - will this ever happen? Let's try to answer it.
At the moment, the Ripple blockchain project competes with the SWIFT payment system for the right to be called the world's best money transfer platform. The company has already entered into partnership agreements with more than 100 leading banks in the world. These efforts have caused the token's price to rise during a bear market trend.
In addition, the recently launched xRapid project, which helps facilitate international transfers, has become an indicator that XRP has a bright future ahead.
Last month, Coinbase revised coin listing policy on its platform and plans to expand the list of supported tokens. And while this means that Coinbase's listings will soon be replenished with new cryptocurrencies, whether XRP will be among them is still unknown. Yes, representatives of the exchange never announced or even hinted at the addition of XRP; the news of the theoretical possibility of listing itself caused a 9% increase in the price of the coin.
Currently, the market capitalization of XRP is $18,748,921,119, in the rating of Ripple coins it is second only to Bitcoin and Ethereum.
The success achieved by Ripple indicates that XRP at the current stage will successfully develop without support Coinbase platforms.
According to the company, it is negotiating possible cooperation with the Trump administration. According to Ripple representatives, the fact that XRP does not require energy-intensive mining, like BTC or ETH, interested the US President.
A few hours ago, the US Department of Financial Services announced that Coinbase received permission to provide cryptocurrency storage services, which means that Coinbase Custody Trust Company LCC could begin providing storage services for XRP at any time.
And although Ripple is still not listed on Coinbase, given the cryptocurrency's success in the area cooperation with banking giants, listing on this exchange is only a matter of time.
According to zycrypto.com
You May Also Like
XRP in Arrington XRP Capital's $100 million fund is only 3-4%
Crypto hedge fund Arrington XRP Capital, led by renowned tech personality Michael Arrington, recently reported that its $100 million portfolio is only 3-4% XRP.
Ripple Labs CTO does not believe in the existence of a single digital currency
There is no doubt that Ripple Labs stands out among other companies in the cryptocurrency market. This organization has more money than many others, a huge team of experienced programmers, and a widely sold product line created to integrate blockchain into the financial industry.
