Wil ripple come out of the lawsuit storm due to its successful pilot tests?


Recently a exciting news about ripple, which was affected by lawsuits was reported. That is the results of its first pilot tests using xrp cryptocurrency is very successful.

The pilot results show that, from a cost perspective, financial institutions participating in this pilot project have saved 40-70%. From the transaction time point of view, you just need less than 3 minutes to pay by using xRapid. This is a leapfrog breakthrough compared to the traditional payment method that takes an average of 2-3 days to complete the payment.

Asheesh Birla, Vice President, said:”The practicality of XRP is very strong due to its fast speed and scalability, 1,500 transactions can be sent by XRP ledger each second. The founder of Mercury FX is also very satisfied with the results, he said:”Mercury is very pleased with the incredible speed and cost-effectiveness of the xRapid pilot phase and is excited about the launch of the product in the near future.”

It seems that everyone is very satisfied with the results of this pilot, which means that ripple will have a clear competitive advantage in this highly competitive cross-border payment market. Next, Next, it is estimated that the ripple will follow the trend and actively seek cooperation and development with major financial institutions.

So will the result of this pilot play a positive role in pulling ripple out of litigation quagmire? In the past week, the price of ripple has been gradually declining. As a big currency that has been issued for a long time and with various negative news and positive news recently, it is really difficult to predict the future development trend of ripple. If you really take some actions in the cryptocurrency market, you may pay some attention to some newly issued small currency, such as CoinPoker (CHP), coinPoker is able to offer the best worth for players and members in community of encrypted currency. chp was issued as an absolutely new encrypted currency, which is adopted to play securely. Of course there are other emerging currencies, I just give an example, and maybe they will surprise you. 

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