Categories: NewsXRP

XRP is now Accepted as Currency in over Half a Million Hotels in 210 Countries

XRP is now accepted as currency in over half a million hotels across the world using the Blockchain based travel agency Travala. Travala is considered a next-generation online travel agency (NOTA) and has over 82,311 destinations with 567,928 properties in 210 countries.

It is considered the AirBnB of Blockchain given that it accepts a wide variety of tokens. It currently accepts Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), EOS (EOS), Binance Coin (BNB), Stellar Lumens (XLM), True USD (TUSD), XRP  and its native token AVA.

Travala.com had a successful ICO for AVA token between 31st of March 2018 and 21st April 2018, raising $2,640,110. At the time of writing AVA is in the green at $0.145595 with a market capitalization of $5,109,140. However, the price is in the low end as compared to the initial price in April 2018, when it was $0.35.

XRP is seen to be a favorite amongst online service providers, such as Skrill and Omni.

 

Blockmanity’s Take

Just like Litecoin is seen to be helpful especially in microtransactions for online sellers, XRP is seen to be picking up amongst service providers like Travala.com. The speed and cheap transaction costs are what makes XRP a useful token of exchange from the client to the company.

Also, Ripple’s partnerships across the world with significant financial institution places it highly in trust with customers. They have done things differently compared to other Cryptocurrencies which have opposed the dominant banks, and so creates an ecosystem of faith on digital tokens amongst non-Crypto believers too.

Also Read:


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Amrit Mirchandani

Blockchain Lover | Hustler | Cryptocurrency Enthusiast

Share
Published by
Amrit Mirchandani

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

2 months ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

3 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

4 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

4 months ago