XRP Gains Traction as Electric Vehicle Maker Accepts XRP Stablecoin
Electric vehicle manufacturer VivoPower has made headlines by announcing that it will accept payments in Ripple USD (RLUSD), the stablecoin linked to the XRP ecosystem. This strategic move enhances the utility of XRP and strengthens its position in real-world applications, particularly in commercial transactions. By facilitating payments in a stablecoin, VivoPower is not only supporting the adoption of cryptocurrency but also paving the way for Ripple’s vision of becoming a global payment rail. With the added demand from businesses for XRP, analysts are bullish on XRP’s price trajectory as this new usage boosts interest and transaction volume.