The Wirex mobile app is making the use of XRP for real-world purchases and economic value easier than never before.
Since the addition of XRP support to its crypto debit card, Wirex has cited a monumental increase in the amount of XRP deposits on its platform.
Wirex is a platform that gives users the ability to spend their digital assets using Visa and MasterCard cards. Users can convert XRP to fiat currency on Wirex app and alter spend the money using the Wirex cards. The card can also be used to buy XRP for the purpose of exchanging with more than 50 altcoins listed on the wallet.
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The Wirex team has a lot of praise for Ripple $XRP:
“Ripple [sic] [XRP] has gained a reputation as a cheap and stable altcoin. While the value of most cryptocurrencies is influenced by the oscillations of Bitcoin, Ripple [XRP] is independent of the Bitcoin blockchain.”
“Unlike competing cryptos, Ripple has been adopted for internal remittance by many financial institutions – a sure sign of the protocol’s versatility and reliability. Ripple emphasizes the importance of digital security to prevent the production of counterfeit coins.”
Meanwhile, Ripple is recognized as the preferred cryptocurrency for moving digital assets between cryptocurrency exchanges, according to a recent poll by Weiss Ratings on Twitter. The survey showed that 78% of investors prefer XRP, 8% for Ethereum and 6% for bitcoin.