Flipside Crypto and the influential business site TheStreet just published new analysis on XRP, the third biggest cryptocurrency by market cap.
The company highlights Ripple’s xRapid and partnership with MoneyGram as two factors behind its “A” rating for the digital asset. The piece judges XRP on four main factors including developer behavior, market maturity, user activity and Flipside’s fundamental crypto asset score.
“Ripple is a growing force across the global financial landscape, establishing inroads to institutional finance while cultivating products in the cryptosphere…
The company is offering conservative institutional clients an on-ramp to the Ripple platform through xCurrent, while also evolving xRapid to offer refuge from the complexities of using foreign-exchange markets to settle transfers. That’s effectively delivering efficiency and cost savings to established market participants.”