Ripple’s XRP to be added by Wirex, will speculations of SBI Holdings partnership come into action?
Wirex, Cryptocurrency wallet provided has recently announced that they are considering to add XRP [XRP], in addition to other offered cryptocurrencies. Pavel Matveev announced this on his official twitter handle.
Wirex is a provider of cryptocurrency wallets linked to physical and virtual Visa debit cards, as well as cryptocurrency and traditional currency exchange and payment solutions.
Pavel Tweeted, “First look at the Wirex
#XRP wallet.. It’s coming sooner than you think.”
He further revealed that they will be soon providing ETH wallet.
— Pavel Matveev (@matveevp) July 20, 2018
Earlier this month Wirex announced, that they will soon add support for a Ripple’s XRP wallet in the coming days. A user found on XRP chat, the app is undergoing some updates for future advancements.
The message on the app states, “We are improving the Wirex app, making it faster and easier to use. In order to update the app, all mobile users will be automatically logged out of their accounts on Tuesday, 3rd of July. To log back in, you will have to update the app in the App Store or Google Play. The update provides Upcoming Ripple (XRP) wallet, faster app-speed, [and] improved efficiency.”
Japanese banking conglomerate SBI Holdings and Wirex wallet has collaborated last year aiming to offer Bitcoin [BTC] and cryptocurrency wallet to increase adoption. Users from Japan has already backed Wirex wallet. Wallet provider claims that Japanese users are the “most enthusiastic supporters” of the service.
The CEO of Wirex, Pavel Mateev, stated, “Japanese customers use our VISA-backed cryptocurrency debit card more regularly than anywhere else in the world. They deserve a Yen denominated card soon and we will deliver it to them.”
SBI Group CEO, Yoshitaka Kitao, the biggest supporter of XRP stated in an interview, “Not only does it have a clear use case, XRP is faster, cheaper and more scalable than any other digital asset. I strongly believe it will become the global standard in digital currencies.”
They collaborated right after SBI Group invested $3 million in Wirex. XRP addition to the wallet could enable more possibilities for adopting the use of coin into the mainstream.
The platform features various other features such as cryptocurrency wallet which enables customers to buy cryptocurrencies directly from their account or exchanges. Multi-Signature technology, SSL encryption, and 2FA are used to ensure high security for the wallets provided by the platform. Also, the encryptions are available in both variants- desktop and mobile.
XRP backed by Wirex wallet is a boon for the crypto world, crypto enthusiasts, and investors. XRP can be sold and interchanged with supported cryptocurrencies accordingly depending on the need of the user using Wirex wallets.
Image via Shutterstock
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