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Gemini Exchange Fuels XRP Speculation with Cryptic Post

Sep 9, 2024
  1. Speculation on Potential XRP Integration with X
  2. Rumors Surrounding Musk and XRP Ledger
  3. Calls for XRP Adoption on X

A recent cryptic post from the cryptocurrency exchange Gemini on platform X has sparked discussions in the crypto community. The message contained only the phrase 'Locking in,' leading to widespread speculation among XRP enthusiasts.

Speculation on Potential XRP Integration with X

The post immediately caught the attention of the XRP community, known for its dedication to tracking potential developments involving the digital asset. Some members of the crypto community suggested that this might be related to XRP's integration into X's payment systems. Discussions about integrating a cryptocurrency like XRP into X’s payment features have been ongoing since 2022. Given that X has obtained money transmitter licenses from several U.S. states, XRP might be used as a fast and efficient solution for cross-border payments.

Rumors Surrounding Musk and XRP Ledger

In May, rumors swirled when a transaction was spotted on the XRP Ledger under the name 'Musk,' raising questions about whether Elon Musk or someone from his team was involved. The transaction's linkage to exchanges like Bitstamp and Uphold, which support XRP, also fueled these rumors. However, these rumors were quickly dispelled since anyone can use any name on the XRP Ledger.

Calls for XRP Adoption on X

Attorney Fred Rispoli, a vocal XRP supporter, recently called on Elon Musk to consider integrating XRP into X as a payment method. This public appeal followed Ripple's victory in court against the SEC, which was seen by many as a positive development for XRP and its use in digital payments.

Gemini's cryptic message has sparked another round of discussions and speculation within the XRP community. Despite the lack of official statements, the community remains hopeful for XRP's integration into X's payment systems.

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