Ripple Partner Teams Up With Visa, Tron Hits Adoption Milestone, and Bitcoin Billionaire Offers Crypto Outlook
Ripple
Ripple partner InstaReM has officially joined Visa’s fintech fast-track program. The payments giant created the program to help companies create the next generation of payment solutions on Visa’s network.
We are excited to announce that InstaReM has joined @Visa’s #Fintech fast-track program, which makes it quicker and easier for fintechs in Singapore to build and deliver new #payment experiences powered by InstaReM. Read more: https://t.co/4W7jYMgv9q #Fintech #News
— InstaReM (@InstaReMit) February 1, 2019
Singapore-based payments startup InstaReM is a member of RippleNet, a group of over 200 banks and payment providers that utilize Ripple’s cross-border payment solutions. The company says it will run a pilot of Ripple’s XRP-powered software xRapid in the second quarter of this year.
Tron
The Tron Foundation just announced a new milestone in Tron’s quest to become the leader in decentralized applications (DApps).
Tron says it now has 180 DApps on the network. According to DappRadar, which tracks DApps and daily users, 22 of the top 50 decentralized apps are now running on Tron.
Novogratz Returns
After a hiatus from Twitter, billionaire investor and Galaxy Digital CEO Mike Novogratz has returned to offer his outlook on the current state of the crypto industry.
Novogratz says there’s tons of work on crypto happening behind the scenes, a remark shared by crypto analysts and insiders, including Morgan Creek Digital founder Anthony Pompliano. Novogratz says he thinks it will take at least “a few more months” before the market turns around.
Realizing having tweeted about crypto in a while. It’s a grind. Don’t think we head north for at least a few more months. Always take longer for institutions to move. Very confident they will. Tons of activity under the hood. Stay the course.
— Michael Novogratz (@novogratz) February 1, 2019
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