Tuesday , March 21 2023

Ripple Partners with CIMB, XRP / USD recovers from accident


XRP / USD changes hands from $ 0.4761, rising by 3.3% on a daily basis, starting Thursday as compared to the latest. Currently, Ripple's currency is ranked No. 2 as a currency with a market value of over $ 19 billion.

Recently, the company has expanded its partnership. According to a press release published on Ripple's website, CIMB (ASEAN's 5th largest bank) has joined RippleNet to create a faster system of cross-border payments transfers between countries in the region. This partnership will allow CIMB to expand its global payment network as well as join the network of other Ripple customers.

XRP Price (XRP) Today – XRP / USD

CEO of the CIMB Group, Sri Zafrul Aziz, said: "We are delighted to participate in RippleNet and look forward to a fruitful partnership with Ripple by capitalizing on the potential and capabilities of the other. This innovative blockchain solution will revolutionize international cross-border remittances and is a testament to CIMB's ongoing efforts to improve its offer of banking services by providing fast and cost-effective solutions to our ASEAN clients. "

From a short-term perspective, XRP / USD is covered by SMA100 (1 hour) at $ 0.4949. Once removed, recovery can be extended to $ 0.50 psychologically. The support is $ 0.4727 (SMA50, 1 hour) and 4700 on the bottom.


William is a technical writer specializing in financial technology and crypto. He has a background in digital sociology and in writing.

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