Ripple/XRP: XRP will soon hit Abra cryptocurrency platform, confirms CEO Bill Barhydt
XRP has taken another major step towards worldwide legitimacy and acceptance after it was confirmed that Abra would soon support XRP on its platform. Abra is an unsupervised crypto wallet and a dedicated investing app which boasts an impressive thirty different crypto-asset investment options. The news surfaced just after it was announced by Abra that the organization’s crypto platform will soon offer users the option to purchase stocks of blue-chip companies like Amazon, Facebook, and Netflix using Bitcoin. The announcement was a huge win for the Bitcoin community as the proposal significantly pushes Bitcoin’s status further forward into the cryptocurrency universe.
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.
XRP is the 3rd largest cryptocurrency by market cap size. Its market cap is currently $12,846,781,170 and it has a circulating supply of 41,169,202,069 XRP. It's up 4.95% over the past 24 hours and is currently trading at $0.312048.