Crypto
ETF Inflows Fail to Budge XRP Price Amidst Emerging Payments Frenzy
Recent fund inflows of $38 million over two trading sessions in late September have left XRP's price relatively unchanged at around $1.54 on September 27.
The contrast between these significant ETF investments and XRP's stable market value raises a crucial question: when will this influx of new capital translate into increased buying pressure to move the token?
Remittix, an emerging player in the payments space, is tackling this challenge head-on with its PayFi network, which aims to deliver fiat payouts directly into compatible bank accounts.