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<p>Ripple was recently <a href="https://twitter.com/realXRPwhale/status/1693360461209575684?t=8FzuDwxu_hn_V0ky8i3RoA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">announced</a> as an official partner of the “cross-border payments interoperability &amp; extension taskforce,” a subgroup within the <strong>Bank for International Settlements (BIS)</strong> Committee on Payments and Market Infrastructures.This represents a major achievement for Ripple and the XRP cryptocurrency at a pivotal time.</p> 
<p>The BIS taskforce aims to improve cross-border payments across multiple currencies. As one of the payment industry’s most important standard-setting bodies, the BIS provides significant validation for Ripple’s technology and solutions.</p> 
<p>This partnership comes soon after Ripple scored a major legal victory against the SEC, with a judge confirming <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> is not a security when sold on exchanges or in retail transactions.</p> 
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<h2 class="wp-block-heading" id="bullish-momentum-propels-xrp-price">Bullish Momentum Propels XRP Price</h2> 
<p>In the wake of these positive developments, XRP has mounted a rally back into bullish territory. The token recently broke out above $0.50, reaching nearly $0.56 in the last 24 hours at the time of this writing.</p> 
<p>Trading volume has also picked up substantially, reflecting renewed investor interest in XRP. If bullish momentum continues, Ripple could be poised to retest even more highs. As a leader in enterprise cross-border payments, Ripple seems well positioned to capitalize on the need for faster and cheaper solutions. And XRP may benefit from expanding utility and adoption if Ripple’s On-Demand Liquidity service continues to gain traction.</p> 
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<p><em>Explore our <strong><a href="https://captainaltcoin.com/tag/news/" target="_blank" rel="noopener noreferrer nofollow">news section</a></strong> and stay ahead of the curve with our expert <strong><a href="https://captainaltcoin.com/predictions/" data-type="link" data-id="https://captainaltcoin.com/predictions/" target="_blank" rel="noopener noreferrer nofollow">price predictions</a>.</strong></em></p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/ripple-signs-partnership-with-bank-for-international-settlements-xrp-price-reacts/">Ripple Signs Partnership With Bank for International Settlements, XRP Price Reacts</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Ripple Signs Partnership With Bank for International Settlements, XRP Price Reacts

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