Ripple’s XRP adoption set to rise as Bitcoin Superstore adds support for coin
Ripple’s XRP looks set to gain even more mainstream adoption. Bitcoin Superstore – a crypto-only store – announced on Sunday that it was adding XRP to the digital coins it accepts as payment. This means that the cryptocurrency can be used to buy products from over 200,000 online stores.
We are excited to announce our acceptance of #Ripple!
— Bitcoin Superstore (@BitcoinSuperst1) August 5, 2018
The store also accepts Bitcoin [BTC], Bitcoin Cash [BCH], Dash [DASH], Ethereum [ETH] and Litecoin [LTC].
The store allows users to buy from online retailers who do not charge a membership fee, including Amazon, Google Express and Walmart.com.
XRP users cheer coin's addition to Bitcoin Superstore
The original announcement was welcomed by the XRP community, except for the fact that the store used Ripple instead of the token itself in its tweet.
Although it’s a lovely initiative, though you’re kicking off very bad... @Ripple is a company & $XRP is the digital asset that you’re referring to. This has to be clarified. You’re accepting #XRP and not #Ripple. Thank you 😊 #XRPTheBase
— XRP.Paris 🇫🇷 (@IntelliCrypto) August 5, 2018
Ripple, along with its community, has drawn a clear line to differentiate its brand from its independent digital asset, as many use the two brands interchangeably. Ripple, the software company behind the token, facilitates sending money globally.
According to Business Insider, the distinction between the two brands is important given that investors could fall into the trap of seeing the coin as a proxy for Ripple’s performance.
Nonetheless, the community has enthusiastically welcomed Bitcoin Superstore’s announcement.
Great work! So essentially anything at Walmart, Amazon, Starbucks, etc could now be purchased with XRP through the Bitcoin Superstore platform.
— chinazeppelin (@statesupervisch) August 5, 2018
String of good news for XRP
The token has been subject to a lot of positive developments in recent days, as the digital asset steadily becomes more mainstream.
Coinsquare, a Canadian crypto exchange, recently added the digital currency to its platform, which is expected to boost the token’s trading volumes.
In other news, major U.S. crypto exchange Coinbase said it was considering adding 40 virtual currencies to its custodian service – Coinbase Custody. The coins under consideration include XRP, EOS, Monero [XMR], VeChain [VEN], Cardano [ADA] and Bitcoin Gold [BTG].
Additionally, Wirex, which provides crypto wallets linked to debit cards, added the XRP wallet to its portfolio. This will allow users to exchange and spend XRP tokens in stores, transportation and online using their Wirex Visa card.
If these developments keep up, the token will not only attract more users, but will also cement its place as a mainstream altcoin.
Image via Shutterstock
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