Despite the difficulties, Ripple continues operations as if nothing had happened. As his lawsuit against the SEC escalates, the cryptocurrency firm continues to operate and expand around the world. After opening an office in Canada and increasing its presence in Morocco, Ripple is once again at the center of the news thanks to the collaboration with FOMO Pay.
Ripple keeps business despite everything
Market uncertainty does not prevent cryptocurrency companies from continuing their operations. While the industry is once again in the red, Ripple continues its expansion and development plans. Although the lawsuit against the SEC is still pending, the real-time settlement system is bringing the projects together.
In June, the company opened its first office in Canada and carried out various expansion actions throughout the month of July. In addition to strengthening its presence in Morocco, the platform has also partnered with the CrossTower trading platform.
If we thought we had seen enough, Ripple once again shakes the web and announcement its new partnership with the payment company FOMO Pay. In fact, cryptocurrencies are becoming increasingly popular and are used all over the world.
In its desire to expand, the platform now operates in different countries around the world. Therefore, your partnership with FOMO Pay will improve your cross-border cash flow. With this partnership the two structures come out as winners.
XRP: the decline in the markets does not stop it!
Last year was good for most crypto assets. However, this year promises to be depressing for cryptocurrencies as they are unable to maintain a bullish price. BTC, which leads the sector, often fluctuates between up and down.
Consequently, the other assets undergo these changes and follow the price of the main crypto. However, Ripple won’t let it go. Although its price is currently down 1.42% according to Tradingview data, the company continues to be talked about.
Just like some investors who remain confident and hope the recovery happens soon, Ripple is multiplying projects and gaining a little more ground in the cryptosphere every day. The lawsuit against the Securities Exchange Commission had a major impact on its price. However, the company is taking it one step at a time and gaining the trust of its users again.
The cryptocurrency sector is competitive and strong on the rebound. Because of this, Ripple’s numerous partnerships show its desire to reach the top despite allegations from the SEC. Despite a tough cycle for cryptocurrency, some experts believe it may again reach $ 3 after his trial. Meanwhile, the company continues to develop.
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The world is changing and adaptation is the best weapon to survive in this undulating universe. Basically a crypto community manager, I am interested in anything directly or indirectly related to the blockchain and its derivatives. To share my experience and introduce a field that fascinates me, nothing better than writing informative articles and relax at the same time.