Does Currencies Direct’s Testing of Ripple’s xRapid platform move the currency into the mainstream?

Colleagues, overshadowed by its most established competitors Bitcoin, Ethereum and LiteCoin, Ripple’s cryptocurrency token is seeking to gain credibility as a top-tier player. Enter UK-based Currencies Direct. Earlier this week the forex brokerage firm reported it successfully completed multiple trans-border transactions using the RippleNet platform. These transactions purported closed within seconds rather than days with an OPEX savings of some 60%-70%. RTGS Blockchain’s real-time gross settlement system lies at the core of Ripple’s XRP platform is being administered by several financial organizations around the world. Two bottom line questions arise: First, will these successful tests help Ripple gain the recognition and adoption is so desperately is seeking? And second, how well do these test bode for international payment processing for cryptocurrencies in general? Share a comment and subscribe today! Lawrence, Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com)