Heard an interesting bit of information in regards to XRP today.
Apparently, one of the largest service companies in Japan, SBI Holdings will be lauching their own cryptocurrency exchange called SBI Virtual Currencies. They stated they will be using XRP exclusively, as it's only digital asset on their platform. This is significant because a subsidiary of the company known as SBI Securities, controls over 4 million brokerage accounts, all of which will have immediate access to the exchange.
If this proves to be more efficient in terms of transaction speed, I can definitely see other exchanges (i.e coinbase, gdax, binance) to begin using XRP as a digital asset as well. After all the volatility and processing times that comes with a Bitcoin or an Etherium have definitely caused some traders to miss out on some of the prices they target on altcoins. XRPs transaction speed alone greatly could reduce those instances.
What do you guys think? If nothing else, it's a glimmer of sunshine on the horizon for us long term XRP Hodlers.
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