Ripple Tweeted: “The global economy will see the continued growth of micro and wallet payments to support immediate, low-value payment flows.”
With Ripple XRP, International payments get faster. Increasing numbers of banks make use of banking as a service tech platform to improve on their cost to serve and cost to change. It is expected that in the year 2020, several consumer purchase solutions will happen from tourists and travelers who do not require any cards or card rails. There will be an increase in the numbers of micro and wallet payments to facilitate immediate low-value payment flows.
The shift of making low-value and high-volume payments will contribute to SMEs entering into newer markets faster. When the larger foreign buyers of SMEs pay late, this leads to a cash crisis for the SMEs as they experience a delay in receiving the payment.
With the majority of SMEs from Asian, the Asian region has an appetite for improvement in cross border payment systems. Ripple is set to address issues like liquidity, speed of implementation, and the overall cost of capital.
Sydney Ifergan, the Crypto Expert, tweeted: “We cannot ignore small transactions as they contribute to a major percentage of the global economy. Ripple XRP facilitating high volume, low-value transactions will earn its brand loyalty from SMEs.”
Brad Garlinghouse tweeted: “#Davos2020 challenged us all to step back from the day-to-day and consider how we can (and must!) contribute to the greater good. Our work matters more now than ever, and we have the opportunity to create a more inclusive financial system.”
There was a hint of ICO from Brad Garlinghouse when he stated that Ripple is now on the list of all the top exchanges. To celebrate it, he said that Ripple had announced a total of 2000000 XRP for their fans.
Brad Garlinghouse recently gave a clue that the company might go to IPO. This is considered to be a natural development for any business. The XRP community, however, is not happy about it. Several experts warn that Ripple going public is going to be unpredictable.
Ripple has been trending in the low in the bear market. A breakout from the downtrend is expected to provide explosive gains, due to which the price of the Ripple XRP is expected to touch $14. The future is bright for XRP.
Coeure, when speaking at the Davos World Economic Forum, stated, “It’s about having a technology that cuts the cross borders that can help cut the costs and improves the speed of cross border payments.”
Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9
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