An announcement was made today by by the largest Islamic lender in Kuwait, Kuwait Finance House. Kuwait Finance House is to partner with Ripple.net and many other payment providers to use the Ripple blockchain to reduce the cost of Ripple transactions and increase the speed of international payments.
This news is one of the most recent high profile announcements about the mainstream adoption of Ripple. Earlier this week, there was a Ripple burst in social media after Ashton Kutcher donated $4 million in Ripple to the Ellen DeGeneres’ wildlife Fund in Rwanda during the show.
Shortly after that, a worldwide real estate company, Propy, announced that users can now purchase and sell houses in Ripple. While this was still in the air, a digital payment platform called Uphold, announced that it had completed the integration of Ripple. This allows users to buy Ripple with dollars. It also allows them to make withdrawals and deposits in Ripple.
As if that wasn’t enough good news, one of the top providers of financial services in the world, Revolut, announced that it had completed the implementation of Ripple and one other coin giving users the opportunity to buy and sell Ripple globally via the mobile app.
While this news was still in the air, TapJets, an online charter for private jets announced that it has plans to add Ripple to its payment options starting from June 1st.
The last news about Ripple in the cryptoverse this week was that Ripple ranked as the most popular asset on eToro’s social trading and multi asset brokerage network. A survey conducted by the company showed that Ripple was the most preferred digital asset among people of every age groups.
These are just some of the latest news about Ripple. All these come at a time when the Ripple community is making plans to develop a new symbol for Ripple.
Hopefully, future mainstream adoption of Ripple will directly influence its sustainability and price.