XRP will now be included in global transactions giving cryptocurrencies the chance to thrive more in the world.
Bitpay Embraces And Empowers XRP
Bitpay has managed to enable transactions using XRP tokens to take place. This will spell great news and bullish conditions thanks to the positive market sentiment. As of 16th July, Bitpay users are now able to buy XRP and keep them in their wallets-their Bitpay wallets specifically. Other benefits that come with this new feature are the ability to use their tokens for gifting purposes i.e. using gift cards, carrying out XRP trades, and interacting with other BitPay members as well.
— BitPay (@BitPay) August 15, 2023
XRP payments will now be able to take place using more than 100 wallets. According to BitPay, the users of their wallet don’t have to do anything to access the service. If you have an existing account, you can easily start executing the trades.
The Future Of The XRP
Recently, the Ripple organization, the chief creators of the XRP token were in court in a case against the SEC. SEC had called out XRP as a security and it therefore meant that it was not worthy of being considered as a token on the cryptocurrency exchange market.
The judge on the case ruled in favor of the XRP token and this led its price to skyrocket as soon as the verdict was made. With Bitpay upgrading the XRP token, this could spell bullish conditions for it and therefore more growth will continue to be witnessed as time goes by. XRP tokens could therefore be in a good place.
The case has now moved up to a magistrate court where Judge Faraqui will decide on what is to happen next. Ripple has filed a motion that opposed SEC’s capability to appeal until the final ruling of the first case is made.