Ripple hits new milestone in payments, likely catalyst for XRP price

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Ripple hits new milestone in payments, likely catalyst for XRP price
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Ripple, a cross border payment remittance firm, made several announcements in its annual conference Swell.

Ripple announces expanded liquidity options to meet customers’ payment needs round the clock. Ripple offers customers access to over 70 payout markets through its international payments network. XRP price rally is likely to be catalysed by developments in XRPLedger and Ripple Payments. The firm hit a key milestone with respect to payments for its customers. The developments are likely to be catalyzed by a boost in XRPLedger and Ripple’s utility.

This allowed Ripple Payments to expand its products and services in over 70 payout markets. The firm’s customers can access 100% global payout coverage and global liquidity options. This boosts XRPLedger’s utility, likely driving demand for XRP token higher. Ripple’s Payments product has expanded its liquidity and reach, according to the firm. Developments in Ripple have previously catalysed gains in XRP, since the token is native to XRPLedger.

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