Ripple, a blockchain-based payment company headquartered in San Francisco has sparked renewed speculation about a potential collaboration with Elon Musk’s X following a significant development on X.
Ripple has officially begun following the X Verified account, igniting widespread discussion in the cryptocurrency community about the possibility of XRP integrating into X Payments, the platform’s upcoming payment system.
Crypto influencer Amelie (@_Crypto_Barbie) highlighted this possibility in a recent post , suggesting that big things are coming for the digital asset. Her sentiment aligns with the broader enthusiasm in the crypto sector, which views XRP’s potential integration into X Payments as a milestone for mainstream cryptocurrency adoption.
🚨 BREAKING:
RIPPLE HAS OFFICIALLY STARTED FOLLOWING X VERIFIED! ✔️
CONFIRMATION THAT #XRP WILL BE INTEGRATED INTO X-PAYMENTS SOON? 👀 pic.twitter.com/8Z6Gmv7zbo
— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) December 13, 2024
Will X Payments Adopt XRP?
The excitement surrounding this potential partnership is fueled by XRP’s strong market performance and an evolving regulatory landscape in the U.S. XRP recently surpassed $2 for the first time since 2018 and briefly reached $2.86, its highest level in over five years.
Ripple’s momentum coincides with significant changes in the U.S. Securities and Exchange Commission (SEC). SEC Chair Gary Gensler announced his resignation effective January 20, 2025. President-elect Donald Trump has nominated Paul Atkins, a crypto-friendly figure who has previously shown interest in the XRP lawsuit , as Gensler’s successor.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Market participants anticipate that the incoming administration may foster a more favorable regulatory environment for cryptocurrencies, including resolving the SEC’s lawsuit against Ripple.
The cryptocurrency community views these developments as pivotal, particularly for Ripple’s prospects in the U.S. market. The regulatory clarity could open new avenues for XRP adoption, including its integration into mainstream platforms like X.
Following the final ruling in August and before the SEC appealed the case, Fred Rispoli, a prominent attorney and popular figure on X, recently called on Musk to integrate XRP into X Payments as a way to get back at the SEC for its pattern of unnecessary legal actions against Musk and the crypto world.
However, instead of an act of defiance, Musk’s integration of XRP can be done properly under the new, crypto-friendly administration. An X employee also revealed earlier in the year that XRP would be integrated into X Payments , and it’s only a matter of time before the digital asset receives the spotlight it deserves.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on Twitter , Facebook , Telegram , and Google News
