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On 9/17/2018 at 10:58 PM, EWH2020 said:

Sorry I am a Coil noob. How may Coil affect XRPs price?

Coil provides a form of web monetization through a browser plugin. This provides a way for web content providers to get paid when people view their content.

From the Coil website's FAQ's:

Quote

 

Q: Does Coil use cryptocurrency?

A: All subscriptions to Coil are paid via credit cards. Coil sends payments via the Interledger protocol, which allows any currency to be used for sending and receiving. Cryptocurrencies such as XRP are used as a part of this network, because of their speed and low cost. Creators may be paid out in cryptocurrency or any other kind of asset on Interledger.

 

 

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On 9/17/2018 at 11:58 AM, EWH2020 said:

Sorry I am a Coil noob. How may Coil affect XRPs price?

I don't think it will directly affect the price, but hopefully the usage of XRP will gain more traction by having more and more use cases. But I think the goal is less about XRP price and more about being able to stream micropayments through ILP. This will lower the friction of signing up for subscriptions or entering payment information.

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