XRP price primed for a big move as Ripple expands to New Zealand - Aliens: AI Crypto News & Markets Updates












XRP price primed for a big move as Ripple expands to New Zealand

FX Street

Fri, Jul 01, 2022


Aliens TLDR

Ripple's partner Airwallex announced the launch of its international payment service in New Zealand.

Businesses in New Zealand can now settle transactions through Airwallex, a user of Ripple's enterprise blockchain network RippleNet. Analysts believe XRP price could recover from the slump and set a bullish target of $0.42 for the altcoin.

Airwallex, a leading financial services platform, expanded its payment services to New Zealand.

A leading international financial platform headquartered in Melbourne, Australia, recently announced the expansion of its payment services: Airwallex now offers its global services to businesses in New Zealand.

https://t.co/mFKENoZlNk pic.twitter.com/5wVjMFM7Z1 June 28, 2022 New Zealand based businesses now have access to Airwallex's service offerings, including multi-currency wallets in over 11 currencies, international collections, and local payouts in over 30 currencies.

Airwallex is a substitute for conventional banking, and Ripple's enterprise blockchain network powers the financial services firm's offerings.

In another development for the altcoin, Ripple developers, who have been caretakers of and contributors to the C++ reference implementation of the XRPL protocol codebase for a long time have now passed the baton to the XRP Ledger Foundation.

Ripple is trading at $0.31 at the time of writing, and analysts have predicted a 20% rally in XRP price.

The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

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