XRP Continues To Make Waves, Gets Accepted As A Payment Method In 550,000 + Hotels Across 210 Countries

One of the best ways to drive adoption for cryptocurrencies is through payments. The easier it is for people to use a coin to make payments for things on a daily basis, the closer it would be to the masses. XRP seems to be getting closer to the people as 550,000 hotels can now be booked with XRP across 210 countries. These bookings can be done from the comfort of your home through Travala.com. 

Use Travala.com To Book Holidays With XRP When you try to book a holiday via the traditional online methods, you will lose a lot of money on conversions. The case is different with Travala.com. Travala.com has been nicknamed the AirBnB of the blockchain world and it now gives travelers the opportunity to book their holidays with XRP. The announcement was made on the official website of the platform on the 14th of December. Part of it was as follows:“Travelers can now use XRP to book 550,000+ hotels within 210 countries across 82,000 worldwide destinations.”

That same day, the company announced that it intends to include DASH as a payment option in the future. This will make the number of total cryptocurrencies supported on the platform 10. Already, travelers can book through the website with BTC, LTC, ETH, EOS, BNB, XLM, TUSD, XRP, and AVA. Irrespective of how successful the platform has been this year, it’s token, AVA, has also suffered the drastic decline that took the industry this year. In April last year, the cryptocurrency was trading at $0.35. Today, it is trading at $0.13. 


XRP Thrives Amid Bear Market 

It’s true that the price of the XRP token fell during the bear market. Fundamentally, however, the token made significant progress. Ripple created partnerships and made listings even when the market was bleeding out. This is rather commendable considering the fact some blockchain projects ran out of funds and had to shut down.

XRP (XRP) Price Today – XRP / USD
NamePrice24H %
ripple
XRP(XRP)
$0.470
-0.99%

At the beginning of month, Skrill, an internet payment platform, announced that it has added XRP to its platform. Just a few days after that, a rental. Service company, Omni, announced that it would be using XRP to give customers more liquidity. These are just two of the hundreds of significant partnerships Ripple was able to seal this year. 

Ripple’s Vice President Product Management, Asheesh Birla, said that XRP is making progress amid a bear market because the team behind the token is working hard to reach their goal. Rather than stand against traditional financial institutions, they have decided to work with them hand in hand. In his words:“We decided that it would be better if we worked with financial institutions and it has been paying off for us. However, we have to put financial requirements and regulations into consideration. In 2013, the industry experienced what was referred to as Bitcoin maxim. We don’t want any of that. We do not want banks, governments, or other corporations to fight against us. We want to work with them. The maxim approach isn’t effective. Even if working with regulators and institutions is the longer road, it is certainly the right road. 


XRP (XRP) Price Analysis

Right now, XRP is trading in green at $0.364428. This shows that it is up by 7.90% against the USD and up by 2.21% against BTC. The 24-hour trading volume is $866,965,338 and the market capitalization is $14,854,931,413. 

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