- Ripple’s Partner Azimo is Promoting The Widespread Adoption of Ripple In Asia.
- The price of Ripple XRP Struggles to Hit. $0.187 Soon.
Ripple News Today – Ripple has been working hard on its global expansion plan by convincing several big-time financial giants to use its products. Last year, Ripple’s primary focus was Asia and the company is still working hard to make sure that it becomes the foremost financial services company in Asia. A while ago, we reported that Ripple had entered into partnerships with Azimo and Siam Commercial Bank (SCB) both companies integrated Ripple’s products and have now announced an entirely new partnership that would allow them to deliver cross-border payment in Thailand.
XRP (XRP) Price Today – XRP / USD
Ripple News Now – Revolutionizing Cross-border Payment With RippleNet
Azimo is a London-based international remittance company that partnered with RippleNet for faster, cheaper and more efficient payment services. The new service Azimo is offering in partnership with SCB is going to be powered by RippleNet. Azimo uses Ripple’s on-demand liquidity solution to send cross-border payment to the Philippines. When the company launched its first product a month ago, it announced that it was going to expand to other markets this year. The latest announcement of an expansion to Thailand’s market is just the first of many others to come this year.
Keep in mind that the spread of Coronavirus hasn’t made things easy for Ripple or any other company to make significant progress this year. Most major cities in the world have been put on hold until the virus can be contained. Meanwhile, the former CEO of Ripple, Chris Larsen, who recently tested positive for Coronavirus, has announced that he is now fully recovered. He is among many in the world who have responded to treatment for COVID 19 but the infection rate and the death rate of the virus are still incredibly high.
Ripple Price Prediction 2020 – Ripple XRP Price Struggles to Move to the $0.187 Amid Bearish Pressure
Ripple XRP is still struggling against the USD despite the occasional upward moves. This morning, the price of the token was able to gather upward momentum that took it from $0.1785 to $0.1794 within a few hours. The MACD is currently bullish and the Bollinger jaw is becoming wider. At the time of writing, the price of XRP was $0.180437. It had gained even more momentum with a 1.96% rise against the USD and a 1.66% drop against the price of BTC. If the bulls hold the line, the price of XRP will cross the resistance at $0.187 paving the way for more gains near-term.