TL;DR
- European dealer SwissBullion accepts Ethereum and XRP for purchasing precious metals.
- Ethereum offers liquidity for fast transactions when purchasing gold or silver.
- XRP allows direct access to metals for international customers.
A European dealer in precious metals now accepts XRP and ETH for payment. The company, SwissBullion.eu, sells gold, silver, platinum, and palladium. This week, it added XRP and Ethereum to its list of approved payment methods.
The firm already accepted Bitcoin and several stablecoins. A company statement explained the new additions. It said Ethereum offers high liquidity for its clients. This allows for efficient metal purchases. The company also stated that XRP fits its goal of providing direct access to gold and silver for customers across different countries. By including these two digital currencies, the dealer aims to offer a wider selection of modern payment choices.
Both digital currency networks report new developments
The Ethereum network completed its final test phase for a planned upgrade. Developers will now decide on a launch date for the main network. Separately, a report from Messari provided data on the XRP Ledger. In the third quarter, the value of real-world assets on the ledger reached $364.2 million. This is a new high and a large increase from the previous quarter.
The same report showed growth in other areas. The number of daily transactions on the XRP Ledger rose. The count of active addresses also increased. Furthermore, the total number of new and existing addresses grew during this period.
