Ripple Tweeted: "The global economy will see the continued growth of micro and wallet payments to support immediate, low-value payment flows."
WithRipple XRP, International payments get faster. Increasing numbers of banks makeuse of banking as a service tech platform to improve on their cost to serve andcost to change. It is expected that in the year 2020, several consumer purchasesolutions will happen from tourists and travelers who do not require any cardsor card rails. There will be anincrease in the numbers of micro and wallet payments to facilitate immediatelow-value payment flows.
The shiftof making low-value and high-volume payments will contribute to SMEs enteringinto 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 inreceiving the payment.
With themajority of SMEs from Asian, the Asian region has an appetite for improvementin cross border payment systems. Ripple is set to address issues likeliquidity, 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 hestated that Ripple is now on the list of all the top exchanges. To celebrateit, he said that Ripple had announced a total of 2000000 XRP for their fans.
Brad Garlinghouse recently gave aclue that the company might go to IPO. This is considered to be a natural development for any business. The XRP community, however, is not happyabout it. Several experts warn thatRipple going public is going to be unpredictable.
Ripple has been trending in thelow in the bear market. A breakout fromthe downtrend is expected to provide explosive gains, due to which the price ofthe Ripple XRP is expected to touch $14. The future is bright for XRP.
Coeure, when speaking at theDavos World Economic Forum, stated, "It's about having a technology thatcuts the cross borders that can help cut the costs and improves the speed ofcross border payments."
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