XRP Trading Hits WhatsApp as Ripple Expands Japan Remittance Network

xrp whatsapp

The use of XRP is starting to move beyond its usual lanes. Ripple continues to build cross-border payment systems in Japan. But a new development is bringing XRP into a different environment, WhatsApp. A recent example showed a trade executed directly through WhatsApp using the Solana network. It is a small shift on the surface, but it shows how access to crypto is evolving.

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wXRP on Solana Enables Chat-Based Trading as SBI Remit Adds Tottori Bank

xrp whatsapp
Source: CNET

A user recently shared a WhatsApp trade where 0.1 SOL was swapped for around 5.99 wXRP. This was done using a simple text command. The post was later acknowledged by Solana’s co-founder, Anatoly Yakovenko.

The trade was made possible after wXRP went live on the Solana network through LayerZero and Hex Trust. Once bridged, XRP can function as a Solana-based token. It allows it to interact with decentralized exchanges and other DeFi platforms.

In this case, the transaction was carried out by a bot connected to a non-custodial wallet. The user entered a command, and the system routed the trade through a DEX aggregator in the background. It removes some of the friction usually involved in crypto trading. This is even though the setup is still early and not widely adopted.

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Ripple Expands Cross-Border Payments in Japan

At the same time, Ripple’s payments network is expanding in Japan. SBI Remit has partnered with Tottori Bank to roll out international money transfer services. It focuses on foreign workers who rely on remittances.

ripple japan
Source: KCP

According to reports, the addition of Tottori Bank brings SBI Remit’s partner network to 26 financial institutions. The service is designed to offer faster transfers, lower costs, and 24/7 access. This comes along with support for e-wallet payouts and multiple languages.

Within this setup, XRP can be used as a bridge asset where it is needed. This is particularly true in corridors and areas of limited liquidity. It helps facilitate faster settlements between different fiat currencies.

Source: CoinMarketCap

Amidst this, XRP was trading at $1.41 during press time. The asset encountered a 6.9% rise over the past week. Sadly, XRP saw a 1% daily drop.

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