Ripple (XRP) is all set to quickly become an institutionalized currency. Therefore, Ripple is no more just an altcoin of sorts. This currency is on the steps of becoming legitimized by major financial institutions as well. Just in the previous week, Ripple suffered a radical, compelling rally. And due to this, the currency is now the second-most-valuable crypto-coin on the markets worldwide, of course only after Bitcoin. The currency Ripple has now gone to recouped Ethereum (ETH). And back then, ETH was the second-most-valuable crypto-coin. It is now in the third place.
A lot of people are speculating that it won’t take long until Ripple goes on to become even more rooted in our current economy. So now, the question is how much more time until cryptocurrency is globally accepted on each and every ecommerce platform?
Coming to the E-commerce beasts, they are slowly – but certainly– grasping the cryptocurrency. The question of importance is that what will Amazon, the biggest e-commerce player, do about the rising power of digital currency? Will Amazon accept any form of cryptocurrency? And even if it does, when will it begin doing so?
With XRP being the second-most valuable crypto-coin worldwide, it’s only logical to assume that Amazon will somehow incorporate it into its retail model. It may even be chosen over Bitcoin (BTC).
Following are some of the reasons why Amazon might consider adapting Ripple (XRP) as a part of exchange medium, when the giant company finally decides to accept the blockchain technology:
Corporate beasts and banks have already started accepting Ripple’s Technology. The platform that Ripple functions on is one of the strongest of its kind. Ripple Coins are comparatively cheaper. Plus the availability of Ripple is also pretty high
Ripple (XRP) has already hit the mainstream market.