CandleFocus Ripple Partners with India on Oil, Opening Up a $500 Trillion Market for XRP
2024-09-30
Author: Content Editor
Ripple has collaborated with Saudi banks to integrate XRP into oil trading and cross-border transactions, which opens up a $500 trillion market. This move allows XRP holders to indirectly participate in oil purchases, creating a link between cryptocurrency and traditional commodities. Additionally, CryptoTradingFund (CTF) offers a cashback system that rewards users with CTF tokens for crypto transactions, attracting attention with its passive income potential. This collaboration not only marks Ripple's entry into the oil trading arena but also revolutionizes payment settlements using XRP, setting a new standard for speed, cost efficiency, and transparency in international trade. CTF stands out as an innovative cashback system that rewards both institutions and retail customers with CTF tokens, generating additional tokens daily for token holders and simplifying the rewards process in the crypto space.
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