What are my thoughts on Ripple(xrp) ?

in cryptocurrency •  7 years ago  (edited)

Ripple is one of the cryptocurrency and having good market capitalization.It is used for sending and receiving money through bank anywhere on the globe with minimal cost.It looks the potential is great for this currency.

As per my knowledge and Ripple website,it is already used by some of the major banks entire world.

The names are like below.

Unicred

Standard chartered

BOA

ATB Financial

NBAD

CBIC

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In fact, xrp is not really popular since its 24 hr volume is still low compared to other altcoins. It may spend more time and effort to increase its utilization.