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Ripple (XRP) plays a dual roles as a payment platform and a currency at the same time, this currency is better fit for payment solution than ethereum and Bitcoin since it's created to allow quick and cheap transactions out of the box

At this time of writing this post ripple is trading at 0.34$ with daily volume of 4billion dollars, in the last 24hrs XRP is up 14%, what's your take on this?

Ripple has always aimed at being the currency transfer and payment coin taking on swift for international transfers. They haven't actually decreased the swift transfer for all these years but they are a good tool for swing traders to earn money trading Ripple. The current price rise is along with the general bullish run is catalyzed by the prospects of airdropping of a coin to Ripple holders.

Many hated XRP because it's centralized but it's performing better than many decentralized projects, I never hesitated to buy and hold in my wallet, I'm here for better performing altcoins and XRP is one of them, to me Ripple is better fit for payment solutions because of its speed and cheaper transaction fee

Ripple is indeed a financial category altcoin with very strong fundamentals,
although ripple is not a DEFI but they are like DEFI, it's just that the system is still centralized,
XRP's performance for 7 days is very good, a 50% increase brings XRP to a resistance zone and if it breaks then we will see XRP at $ 0.5

Also many don't know this yet but I'm glad to share, Ripple has gained the attention of major global banks such as standard Chartered and Barclays for international transactions worldwide, the idea of Ripple even got the U.S Consumer Financial Protection Bureau excited, they believe that Ripple can bring simplicity and openness to the financial industry.

You can read the article below more reasons why ripple is better for payment solution

https://nairametrics.com/2020/09/17/major-reasons-why-xrp-is-better-than-bitcoin/

yes, this altcoins is a centralized crypto and if i'am not wrong thats mean the team can control it,
but today xrp price growing more than expected because its grow more than 30% mate, and hit about $0.42
hope this positive movements will continue

Nope. Ripple is a company that printed XRP and sold/gave it away. That similar to other payment companies in past. XRP is not a cryptocurrency.

XRP always aims to be payment solution that's the reason why the partners with many banks and the reason why they are rather deemed to be 'centralized' by many people.
ofcourse centralized will always have upperhand, it's just silly statement I mean what's stopping from using an even centralized payment processor like PayPal that doesn't need confirmation which even better than xrp in term of speed lol.

XRP was created by Ripple to be a speedy, less costly and more scalable alternative to other digital assets and existing monetary payment platforms. XRP really fits for payment solution but many aren't to accept since things are somehow complicated with the project and it's also centralized

What are you talking about? XRP is the cryptocurrency native to the XRP Ledger, go on coinmarketcap to understand the difference between Ripple, XRP, and RippleNet, XRP runs on on digital payment platform called RippleNet which is on top of a distributed ledger database called XRP Ledger.

https://coinmarketcap.com/currencies/xrp/

Yes Ripple (XRP) isn't bad at all, if not it won't make it to top 5 on coinmarketcap, centralized projects will have upper hand over decentralized projects because they are more open source and it will be easily implemented on Centralized payment solutions so yes it's a better choice for payment but there are many who hate this project and I don't just get why

We all know that XRP is the top altcoins in terms of transaction fees and block processing speed.  I think it is not for this reason that the price of XRP soared.  The recent price pump of XRP is considered to be due to the formation of bullish factors in TA.  XRP also often has such strong pumps because their fomo community is very crowded.

There are many good altcoins like XRP in crypto space today and I'm sure that there won't be any payment solution company that will stick with just one major altcoin for payment, even alchemypay that's already trending in asian country are accepting many types of altcoins for payment so adding XRP to the list isn't a problem, XRP is a good altcoin

Ripple is still a lot volatile for general people to use as payment solutions. In my opinion for a crypto payment solution that would be truly global should be a much more stable. Not necessarily a fiat pegged coin but something that's much more stabler which is escrowed with multiple fiat and expansive metals.

That's their usual complaint, XRP is centralized. But if you look at the advantages of this alt as payment method, fast and low fees, this is really suitable in the payment area. I won't be surprised if more merchants will start to accept XRP as payment method as this is a very convenient alt in this sector. So yes, I do agree that XRP is a better fit in payment solutions.

Bitcoin and Ethereum are categorized as store of value. But majority will choose Bitcoin than Ethereum. XRP as a payment, it's all on their development.
But if there's one crypto that suits as a payment, I'll choose those decentralized stable coins. They have a better valuing and stable price unlike any other alts like XRP.

Yes, ripple is better fit in terms of having low transaction fee and its instant transfer. Xrp is actually designed for this and its goal is to become one of the payment option which is really good. I don't know why it is hated despite having this good feature, not because it is centralized it means that it is not worth it.

I think bitcoin is a silly comparison. Bitcoin was the first and was recognized by many people, therefore it is used as a currency.

If we are talking about scalability and there are so many coins with better scalability than a ripple and these coins will be very suitable to be used as a payment solution. If you are comparing ripple with BTC and ether, yes ripple was a better coin than those coins in terms of scalability but this time it's not so scalable again.
I can mention one of them just like avalanche.
This coin has a better TPS compared with ripple.

The transactions in second are much higher in the XRP network and that is why many competitors have not tried to join the payment method partnerships. The Ripple is one of the fastest blockchains and the price will reflect the true value in the next 5 years unless another strong competitor enters the market. The payment processing feature of the XRP network is the main purpose why the demand by the majority of crypto investors increases every year after year.

We know about the Ripple features but we know more about pump one after another altcoins. Very easy work to calculate that top altcoins will pump soon then all coins will dump. One last correction may be needed before the highest bullrun. Today the highest pump is Ripple 41 percent! The next topic will be about other coins when pumped.

If we look for the criteria if whether xrp is a better fit for payment solution,

It has the speed to initiate the transfer of money in just a few seconds, the cost of this transaction has less than any other crypto, compared to bitcoin and ethereum it is indeed a better fit for payment solution.

That's always been the aim of XRP as far as I know, to be a crypto payment and their target? - a billion dollar remittance business that's why they have partnered with a lot of companies to really take a slice on that big pie. So it's not a threat to bitcoin per se, but it will be on remittance services such as Western Union or MoneyGram and others. It will continue to go up, as bitcoin is going up as well, sort of a trickle effect on the top 10 altcoins.

One of the biggest issues with crypto is high fees and ripple transaction fee is insanely low compared to many other crypto coins, Its not hard to see that Ripple is a more competitive money transfer technology, another reason why Ripple is a good investment is it's bank transfer technology, ripple fits better for payment transactions

Considering the low fees charged by the Ripple network for transactions and the speed they offer I did prefer them financial freedom always

Ripple is one of the best coin right now in the cryptocurrency because the price for sure in the future will up.
I really like using this coin because there is a lot of benefits of using ripple and the main advatanges of this you can save transaction fees to this coin because the fees of the bitcoin and the ethereum is high now so people needs to find alternative way to save some money for the transaction.

In my opinion, Ripple and Bitcoin Cash are more suitable as a means of payment. Ripple features a much faster transaction time than Bitcoin and Ethereum. For one international transaction, ripple only takes a few seconds to complete. and BCH only applies a transaction fee of US $ 0.067 per transaction. Cheap transaction fees are obtained from enlarging the block size used by bitcoin cash, which is up to 8MH, much bigger than the block owned by bitcoin which is still 1MB. With bigger blocks, bitcoin cash can also cut transaction times much faster.

Of course ripple was created with payment solution in mind, it's a perfect fit, right now ripple adoption is higher than many top altcoins, I think that XRP will moon better than many other altcoins when altcoin season starts, presently it's up to 30% gain for those who get in before bull started, since ripple was built for payment solution in mind it's a perfect fit.

I totally agree that Ripple is indeed the best choice for payment, compared to Bitcoin and Ethereum. Because Ripple has very cheap
transaction fees and the transaction process is also fast. Then the price of Ripple is less volatile, it is relatively stable when we compare it
to Bitcoin and Ethereum. Moreover, Ripple is a centralized currency, so it is more acceptable to the government, moreover Ripple is
supported by many large banks from all over the world.

Yes, it fits as a payment solutions in my opinion because it has fast blockchain and low cost transaction fees wherein you can send and receive without hesitation to vice versa party and that's what we lack right now a speedy transactions. Though it is centralized but I still felt and love XRP and I used it in every withdrawal process on exchange platform because of fees and withdrawal process which I really like about. It is so timely that XRP is making a trend now and for sure holders are celebrating of every news there is.

Actually, XRP is much more different than BTC and ETH. XRP was designed to serve as a jurisdiction-neutral asset and like Ripple’s CTO said that XRP will be a key to an ecosystem of digital assets. I think a stable coin is much more suitable as a payments solution rather than XRP, XLM, or any other digital currency.

Totally agree, XRP doesn't have enough credibility as a centralized coin. stablecoins on the other hand are much safer from inflation, and they can also be a definite measuring tool because their value is stable and does not decrease or increase.

Become alternative payment currency for cryptocurrency is not depend with how much price but the most important how faster process by using altcoin or bitcoin, I think best payment currency right now by using trx, have little fees transaction and process most faster than using other cryptocurrency. If you wanna use bitcoin or altcoin as your payment on store you can choose with trx, process sending faster and your costumer only get little time for waiting payment process, with xrp look difficulty by using MEMO number for sending coin to other wallet, if you use wrong memo maybe your payment will not credit anymore.

I am talking that Bitcoin is a cryptocurency. Coins that are mined every 10 minutes. Ripple is made from thin air and given or sold by a company. That is not a crpytocurency.

Ripple is very suitable for use as a means of payment, which is why it was chosen as this by the banking system.  Also, due to its low price and good functional characteristics, this coin is in good demand and popularity among individuals.  In recent years, it has also been growing well in price and has hardly dropped during the last correction.  Now the price of this coin is $ 0.63, that is, in two weeks it has practically doubled in price.  Perhaps the ripple fork scheduled for December 12 has something to do with this.

Have we ever discuss how the traditional existing platform will ever accept crypto as mode of payment?
Xrp is very fast with little transactions fee, no doubt about that but how can we handle volatility.
This remain the top priority and that's why banks find it difficult to utilize Xrp, the technology is so efficient and reliable but u don't think banks are ready to deal with volatility in crypto space.
We can see VISA made partnership with USDC ethereum yesterday to roll out cards to its customers in the region of US since the stable currency is regulated in United state. This is why I do not think utilization of coins or tokens with volatility will see adoption anytime soon.

In my opinion XRP can be the best option for immediate investment for those seeking a quick return with high risk and this can vary from the ambition and strategy of the investor. However, there are other cheaper and more effective means of payment methods and XRP is not decentralized and the main objective of the crypto is decentralization.

I agree with you. XRP is one of the fastest way to transfer cryptocurrency from one address to another. Everytime I withdraw money too, I convert any cryptoassets to XRP and transferring it to the local exchanger where I can convert it for my countries FIAT. It is undeniably one of the key for fast transaction payments.

But as of today, there are a lot of alternatives. For now I use USDT TRC20 as payment. Lesser fees and fast transactions too.

Overall, XRP or Ripple is better fit as a payment solution. If maybe in the future, it will become a stablecoin, it will be surely accepted as a way of payment from across borders as what is it used now. One of the problems of cryprocurrency specifically Ripple with very good use case is the volatility of it.

If you are believe with what ripple's CTO said and then you shoud have learned more about XRP. he was shlling his coin and it's not a bit surprise if he was saying XRP will be a key for ecosystem of digital asset and that thing was BS. It will never happen. A garbage security coin tries to call itself as a key for digital asset.
A big joke from him

Taking XRP transaction speed and fees I personally think XRP is a better fit for payment solutions in the crypto world. Sending XRP literally takes just seconds to reflect and the fees are extremely low.

This is what I've been thinking about XRP too, XRP already has the needs and it being a stable coin will erase the volatility in XRP which will then surely push XRP as a payment solution in the near future. This is the only downside I see and what's been keeping XRP to be accepted as payment method/solution in our world.

i better like xrp to become a stable coin but with the same existing feature it have now but the value of xrp is also rarely moving so most of the time its like we are using a stable coin when we use xrp and many people infact call xrp a stable coin .

i havent tried to use a real stable coin so i cant tell if they are more better in terms of speed and fees but i only mainly use xrp for gambling and many gambling site that i use dont support usdt because usdt is said to have problems with gambling regulation .

Payment currency looking for many investor is have faster for transaction and have lower payment fees transaction. I think both feature on Ripple and become most expectation currency adopting for investor. I think with other currency have delay when transaction and take much fees payment like ethereum but by using ripple take few moment for sending coin and with lower fees transaction, now I think why many real project become ripple partner as currency transaction because become good way for their service by using ripple, maybe take few months later ripple become generally payment currency in many industries.

You may not read XRP updates because everybody hates the token for years but there are just a lot of going on to XRP, Flare is just one of the things that made the uptrend for XRP. The price and Flare airdrop I think are the reasons why users are happy about XRP. If it's the safety of the network and consensus protocol is going to be the subject for XRP, the network is still vulnerable to a simple attack. This statement comes from an article here https://news.bitcoin.com/new-paper-ripple-network-doesnt-meet-criteria-to-reach-consensus/

To me I think I think a coin stability is an important factor to be used as payment solution. Ripple should work on that. As for low fees Ripple is better fit.

Utility of ecosystem is number one, so if that is crypto so we call how strong the system working, no big deal for comparing apple to apple since every crypto has good things.


I believe it's was FOMO ,as you know those many comes for holder XRP(Ripple) to get some airdrops. In my corner they will be soon dump back to basic, cause we need the utility not feast at a glance.

Ripple's trading volume in the market is on the rise, and is now in third position again and shifting USDT,
of course this is a good achievement this year, XRP is back to its bullish performance, and for payment solutions, I think XRP is also in it,
because there are many financial institutions. joined XRP, just waiting to be implemented, reportedly also XRP will be on paypal.

There is a difference between a project that's meant for payment solution and a project that's meant to fix other crypto projects, XRP, BCH are good altcoins that are build for payment solutions in mind, affordable transaction fee, lightening fast speed, this is what Bitcoin don't have so yes XRP or even BCH are better fit for payment solution

The Ripple side know what they have to do for the best, they also don't want to turn off the existing product and are doing well at this point through the changes they will make later, believe me they are always working to make Ripple a good token and accept all solutions from others to consider.

If you look for quick and cheap transactions, you should use Visa or Mastercard. They're just as centralized as XRP, but at least they are well-regulated and have good reputation and are the leaders of payment industry, while XRP can exit scam at any day, or just simply fail because no one wants to use it - after all, there's still no signs of anyone actually wanting to adopt it. It has many of the downsides of decentralized cryptocurrencies and none of their benefits.

No, high volatility and the original purpose of ripple are less favorable. because from the very beginning the ripple platform was only for banking support. they are more towards support, not outright players. so it is impossible for Ripple to be used as an online or offline payment solution.

I think the means of payment must come from stablecoins, but the average stablecoin currently looks centralized. maybe in the future there will be a stablecoin with the DeFi concept. This would be perfect because without a governing authority, but still safe.

Both XRP and Bitcoin are good. Over the years there have been so many coins that were created to be better than Bitcoin when it comes to transactions, so many of them are faster: Litecoin, Ethereum, Ripple so many of them, and there’s one that is faster than all.

But, if we look at the main purpose at which they were created for – Bitcoin was created for transaction, while Ripple’s main purpose is to be used into transfer assets, and they want it to be used by institutions. Ripple is faster, but it is not decentralized like Bitcoin, it is a private owned and they even have offices in places like UK and Australia. Bitcoin is used for transaction more than XRP, nobody even use that.

When it comes to the payment solution and the thing that matters a lot should be the scalability of blockchain. People are looking for the payment solution that can give them low fees or zero fees if it's possible.
Ripple is scalable enough to be used as a payment channel system. ripple have been working on it since a few years ago.
Stability is not an important thing. Liquidity and scalability are the most important things.

This feature have by ripple and now many real project company brave to make ripple as partner, but how the next time sending ripple without use memo because this little disadvantage from ripple sending way, how many investors wanna try faster for sending without have use two time for input address and use correct memo, its look very fatal mistake when sending by using wrong memo, maybe will sent to other wallet. I think just put address only when sending ripple is enough than have complicated with using memo number and look all exchange need to use memo when sending ripple.

If what you care about is obtaining profits then I can see why you like Ripple as a project, its is a project that has been in the market for a long time, it has given substantial profits, it has relatively cheap transactions and we could go on about the good things that Ripple has, but there is a reason why that coin is not liked by a great deal of the members of this forum and it is because is centralized.

So all of those good characteristics that we said about Ripple before do not matter because Ripple is no different than any other bank or institution that already exist in the world, there is no innovation there since it is like every other thing that came before it, and while many think that ideology does not matter, it does matter when those centralized coins can just freeze your account and stop you from moving your money, and that's when people finally begin to appreciate the freedom that bitcoin and other decentralized cryptocurrencies bring to the table but at that point it will be too late.

ripple is a very high quality project. I had a lot of ripple investments. I am one of those who think the price will increase. but lately there are reports that ripple investors will suffer a big loss. need to be careful.

Ripple is exactly what the name suggest. A RIP-OFF!!

Its not even a cryptocurrency. They have pre-mined 100 billion of them and allotted it to themselves. There is 45 billion in circulation and they will keep selling an additional 55 billion over the next 4-5 years. It has made the founders rich but there is literally nothing underlying it than marketing and a few connections.

People who market buy ripple are basically stupid who fall for the "under 1 dollar price". It is non-mineable, the foundation only sells it to its own customers. All this they accomplish by bragging about the price of XRP which is maintained by the idiotic small retailers buying and selling it on exchanges thinking it has got some value. One must though marvel at the way the founder's have pulled off this scam and given it a place in common lingo and media.

Any one wanna received snapshot coin from ripple by holding xrp until 12th December will received spark coin should read term of service again and looking announcement with spark token rule, I hear first time distribution only give 20% for all xrp holder and then distributed 80% few phase so you need waiting long time to get all spark token. I think this snapshot look not potential and the same happen when you hold trx and earn jst because there are many investor loss their money with jst distributed take time more than two years for complicated distribution all coin snaphot.

In terms of using XRP, it is feasible to be used for payment, but the current problem with XRP is that the market has not found a price that has experienced a high increase. so maybe that's XRP's problem right now.

I like ripple to be a good stable coin but now xrp is moving up. Most of the time xrp is stable cryptocurrency.

After receiving and available to sell is not matter ripple become currency transaction but how come procedure in some company have waiting few days for financial counting before selling, so ripple will have lower price and make this messed up for company because their financial will be change if have lower payment if using ripple, I think need coin guarantee with stable price and should have potential to be higher price later without the same happen like xrp after raise higher price back down and need more than two year back to 0.6$ still far with how ripple higher price above $4.

Honestly, I know that ripples are often used more when exchanging money. Can ripples come to a better place? But it is very easy to transact with Ripple, but it is also used with xrp. I believe that xrp also plays an important role. Thank you.