A short list of some major institutions that have adoped $XRP
I went through and put a list together of some major financial institutions that are already using XRP in some form or antoher. It's actually a really long list and I was quite surprised. Here are the ones I thought stand out:
SBI RemitType: Japanese remittance companyXRP Use: Using RippleNet for real-time payments between Japan and ThailandSantanderType: Major Spanish bankXRP Use: Offering Ripple-powered international payment service "One Pay FX"MoneyGramType: Global money transfer companyXRP Use: Used Ripple's On-Demand Liquidity (ODL) service for cross-border paymentsBanco RendimentoType: Brazilian bankXRP Use: Utilizing Ripple's technology for international paymentsAzimoType: European digital money transfer serviceXRP Use: Leveraging Ripple's ODL for payments to the PhilippinesNiumType: Singapore-based fintechXRP Use: Using RippleNet for faster and cheaper paymentsFlashFXType: Australian foreign exchange companyXRP Use: Using Ripple's technology for international transfersMercury FXType: Global currency exchange providerXRP Use: Using XRP for cross-border paymentsTransferGoType: UK-based remittance companyXRP Use: Using Ripple's technology for faster transfersAmerican ExpressType: Global financial services corporationXRP Use: Using blockchain technology for instant payments, with Ripple and XRP as primary providerUBS Group AGType: Swiss multinational investment bankXRP Use: Joined RippleNet in 2018 after initial testing in 2017J.P. Morgan ChaseType: American multinational investment bankXRP Use: Accepting XRP for credit card and mortgage payments (as of August 2024)First Abu Dhabi BankType: Largest bank in the United Arab EmiratesXRP Use: Reported to be working with RippleGoldman SachsType: American multinational investment bankXRP Use: Adopted Ripple's blockchain and XRP to improve cross-border wire transfersDeutsche BankType: German multinational investment bankXRP Use: Adopted Ripple's blockchain and XRP for enhancing cross-border transactionsWestern UnionType: Global money transfer companyXRP Use: Integrating Ripple's blockchain technology and XRP to enhance cross-border payment servicesPayPalType: Online payment systemXRP Use: Exploring blockchain partnerships, potentially including XRP integrationEarthportType: Financial services companyXRP Use: Using Ripple's technology to enhance cross-border payment servicesBRD WalletType: Cryptocurrency walletXRP Use: Integrating XRP to allow users to hold, buy, sell, and send the cryptocurrencyBitPayType: Bitcoin payment service providerXRP Use: Expanded services to support XRP payments
Keep it no matter what, never sell it, it's a good coin in the long run
KazanZaRakiju
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Hi everyone, im new in this cripto world, i know a couple thing about holding and trading, and i decided to give it a try. I heard about $XRP from my jounger brother, and he told me to invest in it like 6m ago, and i was so sceptic and i didn't do anything, i think in that time XRP was like 0,5$ and now its more than 2.2$. So i missed, badly. I have some extra cash that i want just to save, i have enough money for life, and have a couple bucks left to save it, my ide was to save it here, to hold it for like year or two, and to add a little bit more whenever im capable of doing it, can someone who is longer than me in this cripto world tell me is this smart or stupid idea, did i need to change something, i invested like month ago and im basicali 0+ but thats not a problem im just wondering is this good or bad ide, and also sorry for bad grammar im not nativ. Have safe and wonderful day you all!
BooM 💥 🚨 🚨 BREAKING NEWS: Vietnam Airlines President & CEO Le Hong Ha announced in the Board meeting, starting on Q2 2025 Vietnam Airlines will accept XRP as a source of payment for our passengers abroad. Go Vietnam 🇻🇳 ✈️ please request you hold XRP🙏 Big Pump 🚀💯 #xrp #Xrp🔥🔥 #Ripple #RLUSD
I will not sell XRP until I get rich because I trust XRP
Nihanur Rashid
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Sell or not
$XRP Deciding whether to **sell XRP** depends on your financial goals, risk tolerance, and the current market conditions. Here are some factors to consider before making a decision:
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### **Reasons to Sell XRP** 1. **Regulatory Uncertainty**: - If you believe the SEC case could result in unfavorable regulatory decisions for XRP, selling may be a way to avoid potential losses.
2. **Recent Price Decline**: - If you’re currently sitting on a profit but have seen a 26% drop over the past month, selling could lock in those gains before further potential declines.
3. **Market Sentiment and Volatility**: - The cryptocurrency market can be volatile. If you’re uncomfortable with the risk of a price drop, selling might be a prudent decision to protect your capital.
4. **Better Investment Opportunities**: - If you believe other cryptocurrencies have better short-term growth potential (for example, Ethereum or Bitcoin), it might make sense to liquidate your XRP position and invest elsewhere.
5. **Achieving Profit Targets**: - If XRP has reached your pre-set profit target (e.g., $2.50), it may be a good time to sell to realize those profits.
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### **Reasons to Hold (Not Sell) XRP** 1. **Long-Term Potential**: - If you believe in XRP’s long-term use case as a bridge currency for cross-border payments and Ripple’s technology, holding may be a better option.
2. **Regulatory Clarity on the Horizon**: - A favorable resolution of the SEC case or positive regulatory news could boost XRP’s value significantly.
3. **Strong Technical Indicators**: - If XRP’s price is in an uptrend or testing key support levels (e.g., $2.00), it could continue to rise, making holding beneficial.
4. **Market Recovery**: - If the market sentiment turns positive (e.g., Bitcoin or other altcoins show signs of recovery), XRP could follow suit and increase in value.
5. **Long-Term Investment Strategy**: - If you’re a long-term holder and can afford to ride out short-term price fluctuations, it may be better to continue holding.
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### **Current Outlook (January 2025)** - **Bearish Sentiment**: XRP has faced a 26% drop in the past month, and while recent gains were encouraging, there is no immediate catalyst to sustain a price surge. - **Support Level Test**: Watch key support levels like $2.00 to see if the price holds or breaks lower. If it breaks below these levels, selling might be advisable to prevent further losses.
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### **AI Recommendation** - **Sell**: If you’ve reached your profit target or are concerned about regulatory risk and further market volatility, it might be time to sell and lock in profits. - **Hold**: If you believe in the long-term potential of XRP, have a higher risk tolerance, or want to see how regulatory developments unfold, holding may be the better option.