BitPay, a bitcoin and blockchain payment processor, today announced that Ripple (XRP) is now live on its platform. Forthcoming support was first announced back in October 2019, live integration means that BitPay users can spend XRP directly with BitPay merchants and clients can pay BitPay invoices with XRP.
With the addition of XRP, BitPay currently supports seven assets (BTC, ETH, XRP, BCH, USDC, GUSD, and PAX). This list makes up roughly 80% of the total market capitalization for all cryptocurrencies.
Tyler Roye, CEO of eGifter, a BitPay merchant, said:
“We’re excited to add XRP as a payment option on the eGifter platform, and we welcome XRP early adopters in the same way we did those of Bitcoin in 2014.”
Ethan Beard, Senior VP of Ripple’s developer platform, Xpring, said:
“BitPay provides new and practical opportunities for the utility of digital assets. We hope to build upon this progress, to make it easy for everyone to integrate money into their apps. We’re excited to further our partnership with BitPay and enable the use of XRP for everyday purchases, which benefits merchants and consumers alike.”