Both eToro and Binance may potentially adopt Ripple’s xRapid

eToro CEO Yoni Assia visited Ripple’s headquarters this Thursday to learn more about xRapid.
Binance CEO Changpeng Zhao had also earlier stated that they are looking to add Ripple as a partner.

Rajarshi Mitra Independent Analyst

eToro, the crypto and traditional asset platform, is looking to adopt xRapid, Ripple’s cross-border payment solution that uses XRP to settle transactions. CEO Yoni Assia visited Ripple’s headquarters this Thursday to meet Ripple co-founder Chris Larsen and learn more about xRapid. Assia had met with Ripple CEO Brad Garlinghouse at the Paris Fintech Forum to discuss a potential partnership. Assia said:

“I think as a fintech company it’s very important for us to foster relationships with other fintech companies. Obviously, we’re one of the largest trading platforms on XRP – so very interested in forming a relationship with Ripple Labs and understanding what we can do together.”

eToro joins Binance as crypto exchange giants who are looking to partner with Ripple to adopt xRapid. As reported by FX Street, Binance CEO Changpeng Zhao said:

“We’re focused on launching more features right now, so we are working with a number of other partners. With xRapid, there’s nothing going on right now, but in the future we’ll definitely want to add them as a partner.”

Author

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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