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- XRP/EUR has been introduced on Crypto.com, broadening access for Eurozone users.
- Following a U.S. legal precedent, the inclusion of XRP confirms its status as a non-security.
- Anticipated growth in XRP adoption is expected after the relisting phase.
Crypto.com, a renowned cryptocurrency trading platform, has recently expanded its repertoire by incorporating support for the XRP/EUR trading pair. This strategic move aims to extend access to new digital assets for users within the Eurozone and globally.
The introduction of the XRP/EUR pairing stands alongside SOL/EUR, elevating XRP and SOL as two of only four EUR-based pairs available on the platform, formerly limited to BTC/EUR and ETH/EUR pairs. The significance of this inclusion goes beyond mere expansion; it signifies a notable milestone for XRP.
This move emphasizes the growing acknowledgment of XRP as a non-security, solidifying its status following a crucial legal decision in the United States. Notably, Judge Analisa Torres’ ruling removed lingering uncertainties surrounding XRP’s classification, affirming its legitimacy within the Eurozone.
This strategic listing on Crypto.com is poised to fortify the platform’s support for XRP as a core asset. It aligns with the platform’s previous backing, exemplified by its facilitation of the Flare Network’s airdrop for XRP holders last year. Furthermore, this introduction is anticipated to trigger a surge in XRP adoption, marking the beginning of a promising phase post-relisting.
The reverberations of this development extend beyond Crypto.com. It signifies a broader trend among trading platforms, echoing a rekindled loyalty towards XRP within the crypto community. Prominent exchanges like Coinbase have also reinstated their support, affirming their faith in XRP’s potential. Notably, Coinbase recently ventured to offer XRP futures for its advanced customers outside the US, amplifying its commitment to XRP.