Today we have a Daily Token Review and two really awesome cryptocurrency news segments to share with you.
As seen on CoinMarketCap, the world’s flagship cryptocurrency, bitcoin (BTC) has increased by 2.79 percent while Ether (ETH) gains of 4 percent and Ripple’s XRP is currently gaining by 2.41 percent. Now, if I scroll down to the top 20, TRON has increased by 6.88 percent, IOTA by 4.98 percent. Ethereum Classic has increased by 26.95 percent!!
Now onto the news! Ripple has inked a partnership agreement with RationalFX aiming at making it easier for people to transfer money across the globe.
So what does this mean for both companies? With the new alliance with Ripple, RationalFX’s 180,000 customers will now be able to send superfast and secure payments with low fees to more than 200 countries across the globe. Now, with the adoption of xCurrent, it has become apparent that RationalFX is determined to revolutionize its processes with Ripple’s cutting-edge blockchain technology.
Now, onto the second news item for today! We finally have more news on the long awaited USDT-TRON token. Justin Sun, the CEO of TRON has been keen to get Tether, the creators of the USDT to issue a stablecoin on the TRon platform. He mentioned, “we’re getting lots of interest from these institutional investors. I think we’ll do everything to fulfill their requests …”
While there are many stablecoins, it looks like Tether is still here to win. USDT is the only stablecoin in the top 10 in CoinMarketCap, and remains the preferred token for traders. If Sun is correct and it will kickstart a new institutional investor movement into the crypto space, it’d be a new frontier for TRON, which could put the cryptocurrency and token well in front of others.
So what are your thoughts on this situation?
Are you confident about Ripple’s progress? Do you think that xCurrent has true value to add in the future?And what are your thoughts about a USDT-TRON token? Will it spur more institutional investors to enter the market?
Let me know what you guys think below, If you liked the content please subscribe and watch our latest videos.
It’s Cindy with CryptoPig, Catch you guys around!
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