XRP Recovers as Ripple Expands Crypto Exchange Partners

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Ripple’s cryptocurrency, XRP, has had the year from hell. From its January all-time high it has taken one of the heaviest beatings of all the altcoins and plunged 93% to its lowest level of the year on Tuesday. However, parent company Ripple has probably made more partnerships than any other crypto organization so can things finally be turned around for XRP.Partnership With Bittrex For USD TransactionsIn an announcement yesterday the San Francisco based blockchain firm promoted its primary cross border payments platform, xRapid, by revealing three new exchange partners. The blog post stated that in order for the product to see success there needs to be a ‘healthy ecosystem’ of exchange partners to ‘allow xRapid payments to move from one currency into XRP and back into another currency quickly and efficiently.’The first of these exchange partners to be announced is US crypto exchange Bittrex. The exchange will act as the