It seemed that things did not go very well, though many people believed that the latest market recovery during May was Abra’s CEO Bill Barhydt’s golden madness and enthusiasm that would be resurrected on the market. On the other hand, while the market is expected to revive, company agreements and rumors continue at full speed. Amazon rumors are one of them.
Ripple adds excitement to the sectors
The market was favorably welcomed by various traders and the traders expressed their opinion that the market was not dead. One of the strong influences on the movement of rising value was the rumor that one of the big time crypto supporters was Amazon.
However, such a phenomenon should be seen as shocking. We should keep in mind that Ripple’s technology has been tested and introduced by various companies , banking industry or finance companies such as Mastar Cara, American Express and Santander.
The speculation of the Amazon partnership came as a rumor after the end of the year. It was thought that the speculator behind the speculation appeared to depend on the reliability of the XRP during the procedure. Coin is known at transaction rates of 3.3 seconds per transaction and charges of $ 0.0004. These are the performances that a leading online retailer like Amazon needs for the breakthrough and the process of improving the online payment consensus.
These rumors mean that Amazon will accept Ripple as one of the payment methods for Amazon products. Ripple is believed to be accepted by Amazon to a great extent if not officially approved. On the same route, the Apple Inch. Will see the benefits of accepting Ripple as a payment option, and as it is being considered, the rumors are circulating on the market.
If Amazon rumors happen, it will be a big step for Ripple
We can see that more companies and foundations now accept digital assets, and that they are working on these assets. Ripple, one of the best examples of this, is witnessing a gradual acceptance in several sectors with a few crypto coins.
Compared to Ripple’s Bitcoin, there is no slow transaction or expensive wage problems. So it can meet most technological requirements.
If Amazon decides to adopt XRP as a payment method, thousands of transactions can take place within a few seconds. Which will give Amazon a great advantage. Besides, it is not wrong to say that there is a certain stability in the market given that the price of Ripple is slowly rising.