As expected, Ripple’s enthusiast fan base on Twitter was really quick to react, and most people speculated that this is a sign that Binance could finally consider adding XRP to the new exchange as a fiat-to-crypto option, adopt xRapid, or add XRP as a base pair to its leading crypto exchange.
Using the hashtag #XRPthebase, the Ripple community has been pushing for quite a while now to convince Binance that adding XRP as a base pair would be a magnificent choice, due to the speed of the digital asset.
The addition would allow XRP to be traded directly on the platform with other cryptocurrencies.
Ripple just revealed on their blog that Bittrex would be acting as the preferred digital asset exchange for xRapid transactions that move via US dollars.
Besides this, Bitso and Coins.ph will become the preferred for Mexican Pesos and Philipines Pesos.
“Bittrex is one of the biggest names in digital asset trading in the U.S. The same goes for Bitso in Mexico and Coins.ph in the Philippines. That makes today’s announcement an important development for xRapid,” said Cory Johnson, Chief Market Strategist at Ripple.