A New XRP/EUR Trading Pair Launches on Bybit Crypto Exchange

Bybit, a major crypto exchange, has announced the launch of a new XRP/EUR trading pair. This development aims to enhance users’ trading experiences on the platform. With the introduction of the XRP/EUR trading pair, users can now buy and sell XRP using Euros.

Bybit has also introduced EUR trading pairs for seven other cryptocurrencies, including BTC/EUR, ETH/EUR, LTC/EUR, DOGE/EUR, ADA/EUR, USDC/EUR, and SOL/EUR.

Since the recent judgment on July 13, several cryptocurrency exchanges, including Coinbase, have started reintroducing XRP on their platforms.

XRP has gained significant traction since its listing on Coinbase, with its average trade size surpassing that of the top 10 altcoins.

According to a report by Kaiko Research, XRP has shown stronger trading activity compared to other altcoins, despite a summer lull in its price.

As of now, XRP is marginally down in the last 24 hours, trading at $0.50.

SBI Remit to Expand Ripple Remittance Services

SBI Remit, a subsidiary of SBI VC Trade, the crypto-focused arm of SBI Japan, has announced its plans to expand international remittance services using Ripple’s remittance solution that utilizes XRP. The expansion will initially cover the Philippines, Vietnam, and Indonesia.

Yoshitaka Kitao, chairman and CEO of SBI Holdings, shared this news on X (formerly Twitter).

SBI will gradually offer international remittance services using XRP to bank accounts in the Philippines, Vietnam, and Indonesia, starting this month.