Payments

CoinFlip adds XRP to offerings

August 3, 2023

CoinFlip, a cryptocurrency fintech company, has added the XRP token from Ripple for purchase via its Order Desk. With the Order Desk, customers can work with personalized managers who can aid them through the process of purchasing cryptocurrency, according to a press release.

XRP acts an alternative to bitcoin and can deliver faster transaction times and act as an alternative method for international payments. This comes on the heels of news that a court ruled against the SEC that the XRP token is not an unregistered security when purchased by customers.

"The recent SEC ruling surrounding XRP provided a much-needed boost to the crypto industry by restoring confidence and signaling a positive shift toward regulatory clarity," Ben Weiss, CEO and co-founder of CoinFlip, said in the release. "Following an exponential increase in demand for the token, it was only natural for us to expand our offerings to include XRP. We are excited to further empower individuals with yet another powerful tool to navigate the evolving digital economy as we strive to make cryptocurrency accessible to everyone."