SBI Holdings Chairman Yoshitaka Kitao Says Ripple (XRP) Adoption Is Inevitable: Ripple Price Still Overwhelmingly Bullish

July 17, 2018

 

The blockchain conference held in Japan saw Ripple (XRP) reap most of the benefits. The CEO and chairman of SBI Holdings Yoshitaka Kitao reckoned that Ripple (XRP) adoption into the economy in future is inevitable. Kitao said that XRP has the potential to be a universal standard digital currency as well as money in due time. His comments were based on the current uptake of Ripple’s solutions by banks, firms, businesses and payment processing companies. Ripple is working to ensure that its technology is adopted as a standard payment platform around the world especially when it comes to international money transfer and remittance services. Ripple solutions offer fast reliable and affordable international money transfer. With Ripple, transactions time is brought down to a few seconds as opposed to the conventional methods that take a few days to complete a transaction. Ripple is the 3rd largest cryptocurrency by market cap size. It is up 3.45% over the past 24 hours and is currently trading at $0.474061. It can be bought with fiat dollars, credit cards, or debit cards on cryptocurrency exchanges such as CEX.io and Changelly. Ripple price is retesting the immediate resistance at $0.48 but the Bulls have their eyes glued on $0.50.

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