Ripple (XRP) has made another important partnership. It also reflects the value of XRP
Ripple (XRP) concluded another major partnership on February 10th. UAE Exchange, based in UAE, in the capital of the United Arab Emirates, has agreed to co-operate with a US-based company in San Francisco to use RippleNet to provide fast and seamless international transactions.
RippleNet is a virtually decentralized global network for banks and payment providers. It is currently used by more than 100 banks and financial institutions. The UAE Exchange, however, is the first in the Middle East.
"Ripple has been the leader in a number of partnerships in the financial sector around the world. Its technology has a real use. However, the current price of their token (XPP) is just speculation. I do not think it can go over $ 6-7 this year, "said Mulinder Singh, Financial Advisor from the United Arab Emirates.
Ripple was the first project I wanted to get in on when I first jumped in to cryptocurrency. But, I did a lot of research and decided stellar lumens was a better option for me. Just curious why Ripple price is not holding with all the partnerships. You would think that the value of ripple would be going up with such big name now attached.
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