Bitrue Co-founder: “XRP’s role in solving problems with cross-border payments is a perfect use case that will drive growth”

Cryptocurrency exchange Bitrue set impressive results by positioning Ripple at the heart of its trading platform, the official site of Ripple writes.

As reported, the crypto exchange that is based in Singapore is confident that with the growth of XRP by individuals & enterprises can grow its platform users’ number.

Co-founder & CEO of Bitrue, Curis Wang noted that a blockchain project needs to be “practical & scalable” in order to be eminent. He emphasized the role of XRP in resolving issues regarding international payments & its “perfect use case that will drive growth”, adding that this was the main reason why Bitrue has made a decision to position Ripple’s XRP in the middle of its platform.

Curis Wang shared an opinion that he was confident in Bitrue becoming a larger international payments ecosystem by concentrating on XRP. He mentioned that is was not just another standard strategy for crypto exchange & he had to make every effort in order to convince the team in being right about the choice. As Wang added, it was even harder to convince their users to use the platform.

Wang noted that they released crypto-backed loans, which give the users an option to use their XRP as collateral to lend other cryptocurrencies such as Bitcoin, Ethereum, Tether.

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