Binance Wants to Add Ripple’s xRapid as a Partner in Future, CZ Reveals
The world’s largest crypto exchange Binance is considering a partnership with Ripple to use its cross-border payment platform xRapid, the company’s CEO Changpeng Zhao revealed in a Periscope live stream on Feb. 6. Speaking in his first live stream ever, Zhao — better known as CZ in the crypto community — provided a clear message that Binance is “definitely” looking to partner with Ripple, whose native currency XRP is currently the largest altcoin by market cap.
About Binance: Binance is one of the largest and most liquid alt coin trading platforms with millions of users from over 200 countries. It's only fundable by crypto and it offers easy trading on over 150 different cryptocurrency pairs.
About Ripple's (XRP): Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement. XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa. XRP's five-year track record of stable technology and governance makes it ready for institutional and enterprise use.
Ripple’s (XRP) can be bought with fiat dollars, debit and credit cards on cryptocurrency exchanges such as CEX.io and Changelly.com and it can be bought with cryptocurrency on exchanges such as Binance.
XRP is the 2nd largest cryptocurrency by market cap size. Its market cap is currently $12,851,296,291 and it has a circulating supply of 41,169,202,069 XRP. It's up 6.41% over the past 24 hours and is currently trading at $0.312158