Ripple Set To Benefit From MasterCard’s Acquisition of Nets
Cory Johnson has posted on Twitter what looks like a significant Ripple advantage. Mastercard has purchased Nets, a Denmark based payments platform for $3.19 billion. The crypto influencer and former chief market strategist at Ripple wrote: “I know the XRP community is focused on the impact of Facebook’s Libra, but this Mastercard deal could be even more important to Ripple’s ecosystem. If nothing else, it’s validation that real-time payments is clearly the coming wave.” Mastercard Inc., the financial services corporation, is going to utilize Nets to help move its operations into the faster payments zone. The American multinational principally processes banks payments between merchants and card issuers. Nets is an electronic billing platform, with instant payment and clearing capabilities as well…