Ripple Plans to Expand Partnerships with Brazilian Banks in 2020

[JessicaVL]

It is no secret to anyone that Ripple (XRP) became the darling of cryptocurrency investors over the last few years.

This asset, which is effectively centralized and relies on a permissioned blockchain, has been racking up partnerships with financial institutions worldwide. The promise of cheap, instant transactions across borders and the allure of blockchain technology, are hard to ignore. That is probably why Brazilian financial institutions are jumping in on the Ripple bandwagon, but does this mean that investors should be looking at picking up more XRP?

Powerful players partner up with Ripple

It is tempting to go into Ripple because the project is partnering up with powerful players in one of the biggest economies in the world. Ripple launched operations in Brazil in 2019, partnering with banking giants such as Santander and Bradesco. This is part of Ripple’s wider strategy of racking up partnerships all around the world. The strategy is great for Ripple and the banks; expanding those deals to include more financial institutions also bodes well for their business.

If you’re keen to get involved in the Ripple game, you can buy and trade and learn more about XRP on eToro, a trusted multi-asset platform that’s been in the game longer than your new investment.

Read More here: http://www.finsmes.com/2020/01/ripple-plans-to-expand-partnerships-with-brazilian-banks-in-2020.html

[1714519732]

1714519732

[1714519732]

1714519732

[jcpone]

It is no secret to anyone that Ripple (XRP) became the darling of cryptocurrency investors over the last few years.

This asset, which is effectively centralized and relies on a permissioned blockchain, has been racking up partnerships with financial institutions worldwide. The promise of cheap, instant transactions across borders and the allure of blockchain technology, are hard to ignore. That is probably why Brazilian financial institutions are jumping in on the Ripple bandwagon, but does this mean that investors should be looking at picking up more XRP?

Powerful players partner up with Ripple

It is tempting to go into Ripple because the project is partnering up with powerful players in one of the biggest economies in the world. Ripple launched operations in Brazil in 2019, partnering with banking giants such as Santander and Bradesco. This is part of Ripple’s wider strategy of racking up partnerships all around the world. The strategy is great for Ripple and the banks; expanding those deals to include more financial institutions also bodes well for their business.

If you’re keen to get involved in the Ripple game, you can buy and trade and learn more about XRP on eToro, a trusted multi-asset platform that’s been in the game longer than your new investment.

Read More here: http://www.finsmes.com/2020/01/ripple-plans-to-expand-partnerships-with-brazilian-banks-in-2020.html

With this for sure, ripple price in the market in the future will 100% spike its value in every exchange.
The only not good is that the price of XRP was controlled by their whaler, it was remain manipulated by them when they like
to pump or dumb the price.

[Latines]

All right ripple ramp up. Strange of course, I never understood this. This is the internet. He is all over the world. But they still say about cryptocurrency that it appeared in this country, began to interact with this country. This is the Internet, cryptocurrency has appeared and it is already cooperating with the whole world. It’s hard for us to change ourselves, but nothing, soon I think there will be no these illusory boundaries.

[romero121]

Ripple being a centralized platform already have tie-up with lots and lots of financial service rendering firms. This has now getting widened to Brazil as it is planned for partnership with different Brazilian banks. The technology advancement is happening all around the globe, in terms of financial service the progress is happening through the blockchain technology and further development. In terms of realtime usage and in terms of growth too ripple keeps progressing making it a good investment as well.

[JCviggen]

Despite the fact that we constantly see a large amount of news that XRP enters into a large number of partnerships, this coin also continues to be a very risky investment. centralized coins are always exposed to very frequent manipulations, and if you are not a very large player(whale) who can manipulate the coin rate by himself, then it is best for you to avoid investing in this project.