XRP Ripple HUGE Partnership in South Korea | Ripple XRP Future Value

XRP Ripple HUGE Partnership in South Korea | Ripple XRP Future Value

[XRP] Ripple partnership in south korea allowing Ripple XRP to be available in 8000 outlets in South Korea. Huge Ripple xrp future value.

Welcome back to crypto land fellow crypto warriors. Today we talk about Ripple and I invite you to take part in the discussion in the comment section.

This video is based on an article that came out a while back.

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One of the bigger crypto exchanges bithumb has partnered with Korea pay service to help the availability of major cryptocurrencies in 6000 physical outlets in the first half of the year and as much as 8000 by the end of the year.

The important thing to pay attention to here is that one of the most traded cryptocurrencies in South Korea is Ripples XRP

By the time of the writing of the article, bithumb is doing over 640 million in trade volume. Of which the amount of Ripple XRP traded amounts to over 95 million, which is around 15% of the total amount traded per day.

So what does Korea Pay services have to do with Ripple and xrp ripple future and all of this you ask?

Korea Pay Services operates mobile gift certificates and electronic payment transactions at over 200 franchises with 8000 stores around s. Korea.

By partnering with Korea pay services Ripple will increase its availability in those 8000 stores by the end of the year. Well, that is the plan at least…

The main goal of the partnership is to create cryptocurrency payment environment that is user friendly at the thousands of stores which include sulbing, todau, cafe droptop and yankee candle

According to the ripple site: They are handling 1500 transactions per second and they are currently able to process payments in as little as 4 seconds. So I’m curious to find out if they can handle this type of traffic, what do you think?

Another thing to pay attention to is the impact that South Korea has of the crypto space despite the constant threat of regulation by its officials.

Earlier this year the South Korean traders helped boost xrp ripple market cap from 40 billion to 88 billion. According to the article, this is mainly because of FOMO but then again, aren’t most big rallies?! This could bring a bright ripple cryptocurrency future

When this partnership increases the availability of cryptos as planned, there will be less FOMO as everyone can access cryptos at physical locations. This will give cryptocurrency more validation as a proper medium of exchange and that is always good!

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Matthew Timothy (Cryptoland) is not a registered broker, analyst, investment advisor or anything of that sort. Everything that we provide on this site is purely for guidance, informational and educational purposes. All information contained herein should be independently verified and confirmed. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Please be aware of the risks involved with any trading done in any financial market. Do not trade with money that you cannot afford to lose. When in doubt, you should consult a qualified financial advisor before making any investment decisions.

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