Ripple CEO Predicts Big Run for Bitcoin & Crypto/Announces signing of 28 New XRP Contracts

Check out the video here: Ripple

Ripple says it signed 28 new production contracts for its XRP remittance platform in the first quarter of 2020.

The San Francisco payments startup’s CEO Brad Garlinghouse revealed the numbers during a virtual in-house meeting released on YouTube.

According to Garlinghouse, the company beat expectations for new XRP client acquisitions and began to see a slowdown in transaction volume in March as the economic impact of the coronavirus began to take effect.

“We saw about an 85% increase in volume across Ripplenet between Q4 and Q1 despite ending March with a slowdown in growth.

*For your daily Cryptocurrency related news, check out below our blog at: https://thecryptocurrencyportal.com/?blog=y 

*You can follow The Cryptocurrency Portal on Twitter: https://twitter.com/Cryptoc97701365

*Check out our website about the Cryptocurrency Space: www.thecryptocurrencyportal.com

*Follow us on Medium at: https://medium.com/ 

*Follow us on Reddit at: https://www.reddit.com/user/The-Crypto-Portal