Binance US News: XRP Is The ‘Future Of Banking Remittance Services’

There have been two interesting XRP-related developments taking place in the latest Ripple news over the past 24 hours. First of them is the popular non-custodial crypto wallet BRD which adds support for XRP – and the other one shows the Binance US news adding support for XRP/USD trading to its mobile app.

The news showed that on October 11 last year, BRD announced that it had formed a strategic partnership with Ripple. There were four main reasons for the enthusiasms about this partnership, including:

• Their statement which shows that “Ripple has one of the largest and tight-knit communities.”
• The fact that the Xpring SDK makes it possible for “developers to easily integrate XRP in their apps.”
• Ripple’s support for BRD’s vision to make their wallet “the cheapest and easiest place to buy XRP.”
• BRD was “impressed with the adoption of XRP for real use cases around the remittance, payments and cross-border banking initiatives.”

The Binance US news now show that Ripple is one of the most interesting project out there. As part of the partnership mentioned above, Ripple said that Xpring will be investing $750,000 into BRD and the vice president confirmed this, calling BRD “one of the oldest and most respected” crypto wallet providers.

“The BRD team has helped consumers on-ramp $6 [billion] worth of traditional currencies into digital currency, making them an ideal partner to continue the proliferation and adoption of cryptocurrencies like XRP to solve real-world problems,” he said.

Three days ago, the Binance US news coincided with these news and showed that the exchange is adding XRP support to its mobile app. The Binance news were taken well by many and the exchange called XRP “the future of banking remittance services” which was another compliment for the network coming from an authority in the field.

Access #XRP, the future of banking remittance services, on https://t.co/AZwoBOgsqS! #XRPTheStandard

Trade $XRP/USD and more with the https://t.co/AZwoBOgsqS App!

Download now! 📲 https://t.co/zrgbaBgTew pic.twitter.com/x7WydggVfo

— Binance.US 🇺🇸 (@BinanceAmerica) February 12, 2020

Launched in September 2019, Binance US is a digital asset exchange that is “powered by matching engine and wallet technologies” which are licensed from Binance but operated by the San Francisco based BAM Trading Services.

The market situation for XRP is also good and the token is at $0.33 today with a 3.48% rise following all of these good news. The total (combined) cryptocurrency market cap, on the other hand, went above $300 billion a couple of days ago and is now trading at $306 billion.