#Ripple and XRP made a name for themselves today with news of a possible partnership with the Bank of France . In fact, it was stated by the Central Bank of France that the XRP Ledger was examined for the use of digital euro.
↪️Despite Uncertainty In The US, XRP Developments Continue
With this news, the price of XRP is on the rise again, while Ripple, which has uncertainty in the US, also has an important chance for Europe. While it is unclear whether the French Central Bank will use the XRP network for the digital euro, it is clear that Ripple's reputation in Europe continues to grow and improve.
#Currencycloud, a leading payment solution provider, a RippleNet client, sat down with a giant UK-based company. #Fortu #Wealth is known as one of the UK's largest asset management companies. Under this partnership, Currencycloud will enable Fortu Wealth to make payments easier for its customers and provide transaction support in different currencies around the world.
↪️CurrencyCloud Signed a Major Partnership
Currencycloud can use Ripple's infrastructure to do this. If Currencycloud, one of the first members of RippleNet, uses the Ripple network and especially the ODL product for billions of dollars of transfers, it can be said that the benefit for XRP will be enormous. It was stated that Fortu's customers will also have virtual IBAN numbers as a result of this partnership. For which currencies this will be valid, it has not been announced yet.
XRP price has risen by 14% in the last 7 days as of the time this article was written. XRP, which has risen in the last 24 hours and rises from where it fell, is forcing the $ 0.50 resistance. However, XRP still ranks 7th and could be surpassed by Uniswap (UNI), which has recently been on the rise. It appears that the total market value difference between UNI and XRP is only $ 5 billion.
↪️Other Doors Are Open For XRP
While the uncertainty of lawsuits in the US is badly affecting XRP, the good news from Europe and Asia Pacific could change the situation. It is known that if XRP is declared a security, it only poses a risk to the US. However, for the European and Asia Pacific-based partnerships that Ripple has mentioned, this case makes no sense. The development of the digital euro based on the XRP network is also possible, despite the negative conclusion of this case.