Ripple Expands Partnership with Bitso
Partnership expansion adds context to RLUSD and XRPL ecosystem
Ripple has announced an expanded partnership with Mexican exchange Bitso, further solidifying its presence in the Latin American market. This development is likely to have a positive impact on the adoption of Ripple's Real-Time Gross Settlement (RTGS) system, known as RLUSD, which enables fast and secure cross-border payments. The expanded partnership may also contribute to increased trading activity in the XRP/RLUSD pair, with XRPSync data showing a 0.26% increase in price over the past 24 hours. As the partnership continues to grow, it will be interesting to see how this development affects the overall dynamics of the XRP Ledger ecosystem.
Sources
CR CryptoPotatocryptopotato.com YA Yahoo Finance
finance.yahoo.com
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