Cryptocurrency XRP is now available for direct purchase, storage, and management through MoonPay. This is a significant development for XRP holders and MoonPay users.
XRP Available on MoonPay
XRP, the seventh-largest cryptocurrency in the world, has officially become available for direct purchase and management via MoonPay, simplifying access to these digital assets for users.
The Role of MoonPay in the Crypto Industry
MoonPay is a financial technology company providing an infrastructure for buying and selling cryptocurrencies and NFTs directly with fiat currencies, using methods such as Apple Pay, Google Pay, and various bank cards.
Why XRP Was Chosen
Following the SEC lawsuit outcome against Ripple, XRP achieved nonsecurity status, paving the way for integrations. MoonPay will soon integrate a new stablecoin, Ripple USD (RLUSD), operational on XRPL and Ethereum.
The integration of XRP into the MoonPay platform highlights the significance of the cryptocurrency and MoonPay's expanding role as an infrastructure for cryptocurrency transactions.