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Media Industry: Ripple (XRP) At Ellen Degeneres Show With $4 Million Donation

Not the first time Ripple (XRP) will be donating huge amount into a noble course under charity, Ashton Kutcher and Ellen DeGeneres, a member of Ripple’s movement, at the a famous American television comedy talk show, ‘The Ellen DeGeneres Show’ declared that they will be giving out $4 million into Ellen DeGeneres’ Wildlife Fund.

“We wanted to show you that people are thinking about you [Ellen], so, on behalf of Ripple, we’d like to give you $4 million,” Kutcher said.

At the show, the grade-A actor, Ashton Kutcher, who is also a co-founder of A-Grade Investments, an investor at BitPay, also has an investment worth $90 million in Airbnb, and $60 million investment in Uber.

The actor who is an avid lover of Cryptocurrency, together with Ellen DeGeneres at the show earlier today mentioned that they will be donating into the wildlife which is located at Rwanda.

Highlighting the fact that he’s a stake in Ripple, the actor celebrated the proficiency of XRP.

While donating the fund, the venture capitalist, displayed the use case of Ripple in cross-border transaction at the show, using it to make instant transfer of the $4 million into Rwandan Francs.

“Now, usually people come out with a big giant check and do the ‘big giant cheque thing’, but we can transfer it into Rwandan Francs right now right here, and all you need to do is push this button,” Kutcher stated.

Ashton, relating his experience with Ellen, said they have been friends for years and she is fond of doing thing away from self-interest but for the masses.

Ellen, in her own statement, disclosed her appreciation to the entire team of Ripple, stating that she has a great love for the cryptocurrency and she’s encouraging others to imitate the action.

Meanwhile, the latest donation isn’t the first of its kind for Ripple, the Cryptocurrency, in March announced the donation of $29 million towards the enhancement of educational sector in the US. The 29 million was disbursed in XRP to an NGO in USA that aims towards improving education sector in the country.

Ripple’s participation at the show may soon have another interpretation in the cryptocurrency space i.e. that the altcoin is eyeing media industry, coupled with the fact that it recently staged a show where the great musician Snoog Dog entertained people.

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Ripple Liquidity Solution Satisfactory, MercuryFX Confirms

MercuryFX Ltd, a trusted global currency specialist for individuals and businesses, has confirmed that Ripple’s liquidity solution is first-class considering its low cost of transaction, increased transaction speed, and transparency.

In a statement of praise shared on Twitter, the fintech firm disclosed, insinuating to go ahead with the solution in the nearest future.

“In Q1, along with other xRapid pilots customers, we have proved that #xRapid can lower liquidity costs & increase payment speed and transparency using #XRP, MercuryFX Ltd tweeted. “We are looking forward to continued successful testing and going into production.”

Many fintechs, including banks, have been testing Ripple xRapid, a financial solution deployed by payment providers and other financial institutions who aim at minimizing the costs of liquidity and at the same time improving customer experience.

xRapid leverages on XRP to achieve on the go liquidity that is automatically tantamount to reduced costs of transaction but ensures real-time payments in emerging markets. The solution is designed for enterprise use, it gives remittance providers and banks a highly efficient, scalable, reliable liquidity option for cross border payment services.

Fintechs are drifting toward xRapid for the fact that, around the world, payments into emerging markets often require pre-funded local currency accounts, making liquidity cost hyper-expensive. However, the advent of xRapid reduces the capital requirements for liquidity.

Many a number of firms have tested and affirmed the wonderful performance of xRapid. Among them are two prominent cross border remittance providers, Western Union and MoneyGram, who confirmed the superiority of the liquidity tool.

Confirming the test, Ripple in a latest statement highlighted five new xRapid pilot customers who found the solution satisfactory.

“In Q1, Ripple announced five new xRapid pilot customers — Western Union, Cambridge Global Payments, MercuryFX, IDT and MoneyGram. The pilots, which involve live transactions, have continued to prove that xRapid can lower liquidity costs and dramatically increase payment speed and transparency using XRP. In Q2, Ripple will look to grow the number of xRapid pilots and work to move existing pilots into production.”

Ripple offers topnotch solutions to fintechs and central banks. Recently, the Central Bank of Saudi Arabia confirmed Ripple is going to help reduced exorbitant transaction costs it spend annually on cross-border transfer, stating that the firm has unique tools for this section.

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Reports Confirm 5 Awaiting Partnerships For Ripple’s (XRP) Xvia

According the latest release, Ripple’s is gaining more recognition in the EU and Asia with a news stating that about five remitting companies will be partnering with the cryptocurrency, tapping into its xVia API to create a new and well defined corridor for remitting cash across RippleNet.

The remittance companies that will be using Ripple for its transaction includes, Payment originators FairFX, RationalFX, Exchange4Free, UniPAY, and MoneyMatch.

The payment originators will, in the next few days be testing the potential of RippleNet network through its tools, xVia. The companies aim at using Ripple to lower their transaction cost, step-up transaction speed and increase end-to-end visibility of payments traffic.

While the tentacles of the altcoin is growing endlessly, the team behind the development of the altcoin seems to be paving ways for more development day by day, making the world a grazing land for Ripple’s wandering sheep.
Ripple’s senior vice president for product, Asheesh Birla, in a statement aired that xVia will help the remittance companies reach out to customers better.

“All of these customers run into the same problem: building bespoke connections to banks and networks all over the world. It’s expensive and time consuming. xVia enables them to grow their overall market share by reaching new customers in new markets, easier than ever before,” Birla said.
The vice president added that standard API connection will help increase efficiency rate, reducing high level of failure which is mutual to rudiment wire transfer methods, and lower reconciliation costs.

While the five companies are new to Ripple, Brazil based Beetech and Zip Remit in Canada who are also remittance companies, in February aired their plans to use xVia to connect with RippleNet.

Ripple is wining and dining with supreme authorities in the cryptospace as if no other altcoin exists in the sphere. The altcoin sees collaboration and partnership with companies around the world as a necessary routine, exactly why Brad Garlinghouse, the CEO at Ripple said, in the next five years, Ripple will be partnering with more than half of the world’s top banks.

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Revolut Global Money App To Add Ripple (XRP) Soon

Revolut, a United Kingdom based global banking alternative has revealed it will be adding Ripple (XRP) any moment. This is coming after it added Bitcoin, Ethereum and Litecoin to its financial transaction app. Using the normal Revolut account, crypto enthusiasts have the opportunity to purchase cryptocurrencies by just connecting their UK bank accounts to the protocol.

At the same time, through the platform, users are privileged to convert crypto to any fiat currency they wish without any form of hindrance.

With Revolut, buying cryptocurrency comes easy since there is no hidden fees like deposit charges, subscription charges, exit fees. However users are to pay a low-cost 1.5% markup on the average exchange price.

When Revolut tweeted it will be adding Ripple soon, many a number of crypto lovers praise the move demanding that the startup speedily achieve. Supporting Ripple is a long-awaited development due to unstopping customers’ request that the startup is receiving about the coin. A partnership with Ripple will boost Revolut in the UK since it is a fintech startup.

Despite been a startup, Revolut is celebrated as one of UK’s fastest growing fintech owing to series of turn around it is receiving in recent time.  The company, according to analyst has quintupled in size after going through a financial round that was led by DST.

The international payment startup has revealed it is planning to expand to far United State to give customers the advantage to transact crypto in that region.

Talking about Ripple, the cryptocurrency company is doing everything to move ahead and become the number one digital coin like bitcoin. Ripple over the years has partnered with different banks and fintechs. It has some certain irresistible tools that are kings in cross border remittance.

The financial firm recently invested in ideas that can create growth in its ecosystem. Ripple is coasting different industries. The team behind Ripple are eyeing international banks, or possibly become the bank of banks.

Despite been a decentralized network, Ripple believes so much in regulation. The CEO, Brad Garlinghouse says “Regulators are behaving as they should to make sure we have regulation around KYL and AML. There are reasons for that. If exchanges are trying to circumvent KYC requirements, [regulators] should come in and enforce that.”

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Ripple (XRP) HODLers Amongst The Most Optimistic

The current Ripple (XRP) rally in the markets is reminiscent of what happened last year around 10th December, 2017, when Ripple was valued at $0.24 and up 3,900% from previous levels of $0.006 only a year earlier. What would then happen in that December of 2017, and less than 5 months ago, is that Ripple would skyrocket to its peak value at around $3.83 on January 4th as Ripplers awaited news of a Coinbase addition of XRP. However, the listing did not happen, but Ripple HODLers did not lose hope even as the price of XRP dropped, for they are one of the most optimistic crypto communities to grace the Crypto-Verse. They are also one of the biggest community in terms of numbers.

According to the online Merriam Webster dictionary, Optimistic is defined as feeling or showing hope for the future. The Ripple community exhibits just that every hour of every day. As earlier mentioned, the Ripple community is large. The Ripple Telegram group is 61,951 strong. The project has two Sub-reddit pages on Reddit with followers in the tune of 185,107 and 21,258 respectively.

The community members are always eager to share news about partnerships, developments in the project and sound-bites from the top management of Ripple, including the CEO Brad Garlinghouse.

These selfless acts by the community members are done come rain or shine: even when Ripple prices are tanking, they will still be optimistic. If the Ripple prices are shooting to the Moon, excitement is always evident in the community members.

Perhaps the biggest and largest show of support and optimism of the project can be seen through the online store that specializes specifically in Ripple merchandise. RippleMerchandise.com makes sure there is constant supply of Ripple T-Shirts, Hoodies, Gifts and Merchandise for the ever expanding community.

The Merchandise website team states that:

“People all over the world are starting to wake up and take notice of Ripple, its crypto currency XRP, and its push for innovation. The current financial system is about to change for better and for always. Now you have a unique opportunity to spread the message of positive digital change by physically wearing it yourself.”

This vision of XRP changing the global financial system is alive in all Ripple HODLers. The Moon is the final destination for this coin and project. All that is needed is a pinch of patience as the rest of the Crypto-verse is converted to being Ripple Believers.

[Photo source, ecoin.com.au]