According to an announcement made by Binance on tuesday reveals that the new payment option is being offered in partnership with Israel-based payments processor Simplex.
XRP is at present the 3rd largest cryptocurrency by market capitalization.
Trust Wallet users can now purchase Ripple (XRP), Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC) and Ether (ETH) with “major” credit and debit cards.
“Trust wallet tweets about the XRP support: The cat is out of the bag: Trust Wallet adds support for Ripple XRP on iOS and Android. #XRPthestandard”
Viktor Radchenko who is the founder of Trust Wallet mentioned on Twitter “We want to increase access to crypto and decentralized applications for all users.”
He further added, “Adding credit card payments is one piece to furthering cryptocurrency adoption and realizing our larger vision in helping to bring the freedom of money, and we will continue to integrate more blockchains and features to Trust.”
Binance acquired Trust Wallet last July since then it has added support for multiple cryptocurrencies and currently supports 17 tokens and “hundreds” of decentralized apps or dapps.
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