Daily Insights (Thursday)

May 11, 2018

Ripple reported the successful xRapid pilot trial of cross-border payments between US and Mexico that registered 40 to 70 percent cost savings and faster transactions.

xRapid is an on-demand liquidity solution that utilizes XRP which “dramatically lowers costs while enabling real-time payments in emerging markets.”

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Roger Ver, whose involvement in the crypto space since 2011 has earned him the moniker ‘Bitcoin Jesus’, believes technologically superior cryptocurrencies like ethereum and bitcoin cash will see massive gains in the coming months and years.

“I see it happening, and I believe it’s imminent,” Mr Ver told The Independent. “Ethereum could overtake bitcoin by the end of the year and bitcoin cash could do the same before 2020.”

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