Ripple gets full support at Uphold

Financial services provider Uphold is expanding its crypto assets portfolio and will enable full support of XRP that goes live on May 24
21 May 2018   1138

The former digital money platform known as BitReserve – currently branded as Uphold is looking forward to expanding its crypto offering even more. This time a full support of Ripple's XRP is rolling out on the platform on May 24. Back in March a member poll was conducted to decide the next token to support on the platform.

Ripple won with an overwhelming majority and was enabled to be traded by Uphold users from the corresponding wallets. There was even a zero-fee campaign for the first 5 mln XRP purchased to celebrate the launch. Now the full support is incoming with clients being able to trade using any wallets.

We are thrilled to announce that starting today Uphold members have access to buy and sell XRP right from their Uphold wallet. For a limited time and in celebration of this launch, Uphold is offering ZERO fees for the first 5M XRP purchased*.

This is another important milestone for our members and for Uphold as XRP is one of the fastest growing digital assets and the third most valuable cryptocurrency with a market cap of $24,838,048,184.

 

Uphold statement from March 30

Uphold serves 184+ countries with 30+ currencies (both traditional and crypto) and commodities providing frictionless foreign exchange and cross-border remittance around the world. The service combines a platform app model with payment connectivity to offer financial services to a global market.

RippleNet Now Has Over 200 Participants

According to Brad Garlinghouse, during 2018, RippleNet was replenished with 100 financial institutions
09 January 2019   225

RippleNet was joined by 13 more financial institutions. Now network has more than 200 participants.

New partners of RippleNet are Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual / USEND and Rendimento.

JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank involve the XRP token in their operations. Ripple is confident that this digital asset is great for cross-border payments, as it increases their speed and reduces costs.

According to Ripple CEO Brad Garlinghaus, during 2018, RippleNet was replenished with 100 financial institutions.