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Ripple (XRP) To Enjoy Adoption After Listing From Latin America’s 1st Blockchain Firm


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3 hours ago, lawalkhalid said:

This could be significant because of the currency crisis in Latin America. Too late for Venezuela but not for Argentina who is in the early stages of a currency crisis with 60% interest rates. 


"Crypto In Venezuela 

For some time now, Venezuela, a Latin American country, has been battered with crippled economy due to unending inflation.

Venezuela’s inflation, according to a statement by the International Monetary Fund is expected to rise to 1 million percent by the end of the year.

Due to the appalling situation, citizens of the country have resorted to cryptocurrency to salvage their hard earned wealth from the economic crisis.

In the same vein, the government of the country also responded to the situation by creating its own digital currency known as Petro.

Although Dash (DASH) is regarded as the most popular cryptocurrency in the region ahead of Bitcoin and the likes as countless of dealers are now accepting it as payment option, Ripple (XRP) may soon take charge with the latest listing and overtake the former."


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