• Latest
It Cost less than $1 to Transfer $50 million worth of XRP

It Cost less than $1 to Transfer $50 million worth of XRP

October 22, 2018
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Ripple

It Cost less than $1 to Transfer $50 million worth of XRP

coinnewsdaily by coinnewsdaily
October 22, 2018
in Ripple
0
It Cost less than $1 to Transfer $50 million worth of XRP
191
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case

Ripple claims ‘a very big win’ in SEC case

April 19, 2022

Just recently, Michael Arrington the former Editor at TechCrunch and the one of the contributing partner at Arrington XRP Capital Fund lauded the benefits of using XRP to move funds across the world. Technically, one of Ripple solutions, xRapid make use of XRP, an on-demand liquidity tool for settlement and in an interview with Steven Diep, Mike said they moved $50 million worth of XRP for 30 cents and without waiting for hours before the settlement was confirmed. 

The transaction went through in just 2 seconds. That is a milestone by any standard and goes on to demonstrate how powerful Ripple solutions are as they strive hard to make sure there is widespread adoption of Ripple solutions across the globe. Arrington XRP Capital is a digital asset management company that is geared towards the growth of blockchain start ups.

While conversing with Steven Diep he said:

 “We moved … 50 million dollars into the Company in XRP in like 2 seconds and it cost 30 cents. Now, that is amazing. There is no way to do that with fiat or Bitcoin. We moved $50 million dollar worth of XRP into our company in 2 seconds and it paid 30 cents as fees. There is no way to do that with fiat or Bitcoin.”

Ripple is unique and sometimes controversial. But it depends on what angle you look at it. Ripple is a software company that offer unique solutions for interested financial institutions. They are on demand with the most recent one launched during the SWELL Conference which was attended by Bill Clinton thanks to the aggressiveness of Ripple’s Chief Marketing Strategist Cory Johnson. Cory Johnson has more than 10 years experience in journalism and has been working towards improving the image of Ripple which despite their value propositions has had to contend with law suits that threaten to damage its reputation.


Ads by Cointraffic



Credit: Source link

Tags: Arrington XRP Capital FundBill ClintonEditorMichael ArringtonRippleXRP
Share76Tweet48
Previous Post

ING Bank Launches Zero-Knowledge Tech for Blockchain Privacy

Next Post

A Simple to Use Fiat to Crypto Bridge Allowing For Crypto Expenditure

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot
Alt Coin

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case
Ripple

Ripple claims ‘a very big win’ in SEC case

April 19, 2022
ripple’s case: how will it affect xrp’s 2022 price?
Ripple

Ripple case: How will it affect XRP 2022 price?

April 17, 2022
price analysis 4/11: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 11, 2022
price analysis 4/6: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/6: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 7, 2022
price analysis 4/4: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/4: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 4, 2022
Load More
Next Post
A Simple to Use Fiat to Crypto Bridge Allowing For Crypto Expenditure

A Simple to Use Fiat to Crypto Bridge Allowing For Crypto Expenditure

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$28,793.000.74%
  • ethereumEthereum(ETH)$1,812.43-0.47%
  • tetherTether(USDT)$1.01-0.41%
  • binancecoinBNB(BNB)$329.11-3.17%
  • rippleXRP(XRP)$0.439949-1.21%
  • cardanoCardano(ADA)$0.3776936.43%
  • dogecoinDogecoin(DOGE)$0.0769152.35%
  • matic-networkPolygon(MATIC)$1.14-2.23%
  • solanaSolana(SOL)$22.73-1.73%
  • polkadotPolkadot(DOT)$6.28-1.00%
  • shiba-inuShiba Inu(SHIB)$0.0000110.30%
  • tronTRON(TRX)$0.0673650.31%
  • litecoinLitecoin(LTC)$81.27-1.95%
  • daiDai(DAI)$1.000.04%
  • chainlinkChainlink(LINK)$7.522.43%
  • cosmosCosmos Hub(ATOM)$11.80-2.57%
  • leo-tokenLEO Token(LEO)$3.38-3.58%
  • ethereum-classicEthereum Classic(ETC)$20.61-1.66%
  • moneroMonero(XMR)$155.17-0.83%
  • okbOKB(OKB)$45.25-1.81%
  • bitcoin-cashBitcoin Cash(BCH)$131.91-1.90%
  • stellarStellar(XLM)$0.092043-1.77%
  • filecoinFilecoin(FIL)$5.83-3.26%
  • crypto-com-chainCronos(CRO)$0.070948-1.01%
  • vechainVeChain(VET)$0.023237-2.77%
  • algorandAlgorand(ALGO)$0.2235992.47%
  • internet-computerInternet Computer(ICP)$5.22-0.73%
  • eosEOS(EOS)$1.15-2.93%
  • aaveAave(AAVE)$78.18-1.40%
  • elrond-erd-2MultiversX(EGLD)$43.36-3.65%
  • tezosTezos(XTZ)$1.16-2.41%
  • theta-tokenTheta Network(THETA)$1.03-2.41%
  • havvenSynthetix Network(SNX)$2.80-5.52%
  • neoNEO(NEO)$12.09-3.66%
  • paxos-standardPax Dollar(USDP)$1.00-0.41%
  • bitcoin-cash-svBitcoin SV(BSV)$37.440.41%
  • pancakeswap-tokenPancakeSwap(CAKE)$3.80-2.60%
  • huobi-tokenHuobi(HT)$3.98-2.60%
  • dashDash(DASH)$56.93-2.42%
  • makerMaker(MKR)$683.34-1.33%
  • iotaIOTA(MIOTA)$0.213951-2.85%
  • zilliqaZilliqa(ZIL)$0.028116-2.42%
  • zcashZcash(ZEC)$35.79-0.80%
  • basic-attention-tokenBasic Attention(BAT)$0.247001-1.55%
  • nemNEM(XEM)$0.0401320.53%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • qtumQtum(QTUM)$3.18-2.24%
  • kusamaKusama(KSM)$34.10-4.27%
  • compound-governance-tokenCompound(COMP)$44.21-2.14%
  • bitcoin-goldBitcoin Gold(BTG)$17.051.54%
  • yearn-financeyearn.finance(YFI)$8,772.89-0.74%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • omisegoOMG Network(OMG)$1.77-7.42%
  • golemGolem(GLM)$0.244008-1.92%
  • wavesWaves(WAVES)$2.28-0.32%
  • sushiSushi(SUSHI)$1.16-2.44%
  • ontologyOntology(ONT)$0.231747-1.33%
  • digibyteDigiByte(DGB)$0.009853-1.65%
  • umaUMA(UMA)$2.07-1.72%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%