Ripple Plan: Three of the Biggest Money Transfer Companies to Win 2018

Three of the world's top five money transfer companies will use Ripple's XRP tokens in their payment systems this year, the company said in a tweet this week.

In the tweet, however, the partners are not annotated by name. The Communication should be seen in the light of the fact that XRP has a larger market capitalization than Etherrium. Ripple is in second place behind Bitcoin, followed by Ethereum. In the past, Ripple often had to take criticism for his "good weather" policy and partially obscure type of information about the token. Part of the criticism stems from Ripple winning more than 100 financial institutions for its xCurrent product, a non-XRP messaging platform. However, many new investors confuse XRP support through these institutions.

Ripples reaction:
Previously, only one company - the Mexican financial services company Cuallix - had announced its use of XRP for cross-border money transfers. However, the tweet and more comments earlier this week from Asheesh Birla, vice president of products at Ripple, anticipates that more companies will be added this year.

In another tweet Thursday night, Ripple CEO Brad Garlinghouse responded to a New York Times article. This raised doubts about the use of XRP by reporting comments from banks and payment providers who have already examined or tested the cryptocurrency. Referring to the Ripple xRapid product that XRP builds on the company's xCurrent messaging platform, Garlinghouse wrote:

"In recent months, I've talked to some banks and payment providers.

Since its recent development to nearly $ 4 per coin, Ripple announced that it has no plans to list the crypto currency (or any other new ones) on its flagship or GDAX platform.

http://www.currency-echo.com/2018/01/ripple-plan-three-of-biggest-money.html