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XRP Incorporated As Payment Method by Tokyo-based CryptoBar P2P

As a report has it, XRP, the digital token that Ripple oversees its distribution, is now live on CryptoBar P2P, a cryptocurrency social platform based in Tokyo, Japan.

The new development was shared a couple of hours ago by Emi Yoshikawa, Ripple’s VP, Corporate Strategy & Operations. According to the report, XRP holders can now pay for goods and services using CryptoBar P2P.

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Emi Yoshikawa tweeted, “With Cryptobar P2P, I thought that I couldn’t use XRP, so I negotiated with the owner @project_bbb and asked him to accept XRP payment. The first XRP payment has been completed. XRP holders, you can now make XRP payments with CryptoBarP2P! Let’s go.”

The new development indicates that Ripple’s digital token XRP is gaining massive adoption outside the United States, where its security status is being challenged by the SEC in court.

Read Also: Ripple’s CBDC Proposed Solution Adopted in the 2022 G20 TechSprint CBDC Challenge: Details

CryptoBar P2P is a social platform where crypto and blockchain users share ideas in relation to the industry.

The platform gives those with dedicated non-fungible tokens (NFTs) free refreshments, including food and drinks, while those without dedicated NFTs are required to pay for their food and drinks using supported cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC).

With the latest development, XRP has now joined the few cryptocurrencies on the platform.

In another tweet, Yoshikawa revealed that the CryptoBar P2P staff cherish Wietse Wind’s Xumm Wallet a lot: “Now you can use XRP for payments at @CryptoBarP2P in Tokyo! Be sure to check it out when you visit Tokyo!! @WietseWind the bar staff loves @XummWallet!”

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Read Also: Big Win for Ripple as Judge Denies SEC’s Attorney-Client Privilege Claims Over Hinman Documents

In response to this remark, Wietse Wind wrote, “Awesome! Now I want to come check it out myself 😉 And that’s great to hear!! If the bar staff knows someone with great analytical insight and a customer service minset who would love to pilot at/join our support team, please let them and us know”


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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