With the serious week-end, Ripple started trading at $ 0.19.
Ripple has risen to third place with a volume of $ 7.5 billion when we rank the highest crypto banknotes by market value. In the last 24 hours, Bitcoin traded at $ 1.4 billion, while Ripple rallied to Ethereum at $ 263 million in the last 24 hours and rose to second place with $ 370 million in volume.
What's Ripple's secret?
Ripple aims to act as a PayPal-style mechanism for interbank transfers. Asia and Australia are doing business agreements with the banks in this area.
For example, in March, MUFG, the largest bank in Japan and the third largest bank in the world, announced its agreement with Ripple regarding global payments. Thus, MUFG, which will use Ripple's Block Chain for international money transfer, became the first Bank to deal with this branch.
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