Here’s What You Need to Know About Ripple’s (XRP) Latest Important Partnership

TL;DR

• Ripple joins forces with crypto exchange Uphold to enhance cross-border payments, with both parties optimistic about the collaboration’s impact.
• XRP’s value dropped by 5% recently, despite its peak at $0.58 on October 24.
• The ongoing Ripple-US SEC lawsuit and overall crypto market trends could sway XRP’s future price movements.

Ripple’s Latest Collaboration

Ripple announced that it had teamed up with the American-based cryptocurrency exchange – Uphold – “to underpin and enhance its cross-border payments infrastructure.” Pegah Soltani – Head of Payments Product at the blockchain enterprise – argued that the platform’s “deep liquidity expertise” could help with the achievement of that goal.