The world's largest derivatives exchange, CME Group, announced yesterday that it would launch XRP ($2.19) futures. While excitement for XRP increased following this announcement, good news also came from Japan.
According to local news agency Coinpost, Japan's largest second-hand sales platform Mercari has received support for XRP.
Mercari’s cryptocurrency arm, Mercoin, has announced that it has added XRP to its platform. With this integration, over 20 million monthly active users will be able to access XRP for as little as 1 Japanese yen (JPY). Users can easily purchase XRP directly through their existing balance, Mercari points, or bank transfers.
Mercoin added Bitcoin (BTC ($94,643.00)) to the platform in 2023 and Ethereum (ETH ($1,796.21)) in 2024.
XRP is the third cryptocurrency to join the list, and this move also indicates that XRP has a deep-rooted place in the Japanese financial sector.
Mercoin also added that it plans to explore various avenues to further raise XRP awareness in Japan and opportunities for XRP investors.
*This is not investment advice.
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