Advertisement
AD

Main navigation

XRP Will Become Available for Purchases by Fiat in UK and France: Details

Advertisement
Thu, 8/12/2022 - 12:10
XRP Will Become Available for Purchases by Fiat in UK and France: Details
Cover image via stock.adobe.com
Read U.TODAY on
Google News

The ability to buy and sell XRP for fiat currencies will soon be available in France and the United Kingdom. This was announced by the official Twitter account of Xumm Wallet, which is implementing on- and off-ramp solutions in its XRPL-built app. Such functionality has recently become available to users in the Netherlands.

Advertisement

Xumm's plans are to go global, according to the announcement. The wallet team plans to achieve this with the help of its partners, BTC Direct and Banxa, where the former is responsible for development in the European part of the world. Banxa, on the other hand, covers a little more of the world and is already available in Asia, Europe and America.

Also interesting is a comment from the chief developer of Xumm Wallet and XRPL in general, Wietse Wind, about MoonPay, a well-known crypto-fiat payment solution provider. According to Wind, MoonPay will not appear in Xumm Wallet as it does not meet the standards, and the compliance officer also rejected it.

Related

Inside options

For those who do not want to directly exchange XRP into fiat but are looking for a safe haven within the XRPL ecosystem, their own stablecoin, USDS, should be launching soon. The option to create and redeem USDS is already available both on the partner website, Stably, and in the Xumm Wallet.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD