Ripple Price Predicted to Rise with Key Links to Mastercard, Barclays and Western Union

Ripple Price Predicted to Rise with Key Links to Mastercard, Barclays and Western Union

Febbraio 14, 2019 1 Di Stefano Romoli

Ripple, the company behind the XRP token and a number of key banking partnerships intended to help with cross-banking transactions, is starting to encroach into a new arena. Through investments in a company that uses the XRP token and the product xRapid, Barclays and Mastercard are starting to get up close and personal with Ripple.

Furthermore, Western Union confirmed that they are piloting some settlement tests with Ripple for certain corridors, which is positive news for the cryptocurrency company and its investors.

The indication is that major companies that are actively involved in interbanking and cross-border payments are beginning to look to improve their own systems with these kinds of experiments and investments.

Cryptocurrencies have always provided an alternative to traditional and institutionalized banks, but it is Ripple that a lot of the more stringent ones are looking at. Ripple and its xRapid offering have prided themselves on being regulatory compliant, and thus are attractive for the likes of Barclays and Mastercard to invest in and Western Union to test out.