Ripple (XRP) Cryptocurrency Can Be Used to Pay Bills via Coins.ph in Philippines
Coins.ph Allows 5 Million Users To Pay Bill In Cryptocurrencies
South East Asia has been catching up with the western world in crypto adoption. This narrative continues with a new development coming out of Philippines. Coins.ph is a Philippines based cryptocurrency payment website that allows Filipinos to pay their domestic and household bills by using cryptocurrencies. Until now, payments could be made in Bitcoin, Bitcoin Cash, and Ethereum, giving Coins 5 million customers access to some FIAT-alternative payment methods. Now, with the announcement of an XRP listing, these customers have access to an XRP payment system that will allow domestic and household bills to be settled in the XRP currency, creating a more transparent service and allowing for customers with more versatile portfolios to join the community. The company has rolled out XRP integration to a limited number of randomly selected participants. A number of these trial users have posted screenshots of their Coins.ph XRP wallets on Twitter. XRP will be one of the wallets immediately found on the app’s dashboard, and users can freely swipe between the other wallets, including the PHP wallet.
The community has a reason to rejoice since this comes as big news as far as the crypto's adoption is concerned. Not just because of this but also because holders collectively transferred XRP worth millions of dollars and started spending on everyday items after payment with Wirex Visa card became available.
Ripple’s (XRP) is down 3.53% over the past 24 hours and is currently trading at $0.333792 USD
XRP had a 24 hour low of $0.331827 and a high of $0.351619
XRP is the 3rd largest cryptocurrency by market cap size
XRP currently has a marketcap of $13,102,516,224 USD
Its 24 hr trading volume is approximately $296,931,897 USD
It has a circulating suppy of 39,315,683,476 XRP
There is support around $0.28 and resistance is around $0.43
4-hours RSI (Relative Strength Index) is now Bullish = 25.03872
4-hours MACD (12, 27) is Bullish = -0.01943
About Ripple's (XRP): Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement. XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa. XRP's five-year track record of stable technology and governance makes it ready for institutional and enterprise use.
Ripple's (XRP) can be bought with fiat dollars, debit and credit cards on cryptocurrency exchanges such as CEX.io and Changelly.com and it can be bought with cryptocurrency on exchanges such as CoinEx, Binance, and HitBTC.
About the writer: Ava Lauren
As an expert on cryptocurrency related topics, I've found myself working as a Journalist at TheCryptoCoinCenter.com. I write articles related to bitcoin and other cryptocurrencies. Email me
