SwissBullion.eu Expands Cryptocurrency Payment Options
SwissBullion.eu, a prominent dealer in precious metals located in Europe, has recently broadened its payment options by integrating cryptocurrencies XRP and Ethereum (ETH) alongside Bitcoin, which was previously accepted. This move also includes support for several stablecoins such as Tether (USDT) and USD Coin (USDC).
According to a press release from the company, the inclusion of Ethereum offers customers a fast and liquid cryptocurrency option for purchasing gold, silver, and more. Additionally, the acceptance of XRP reflects SwissBullion.eu’s commitment to providing seamless and borderless access to their products for a diverse international clientele. It’s worth noting, however, that the press release contains some inaccuracies, referring to XRP as “Ripple” in parts. Whether they are employing a payment processor or managing wallets internally remains unclear.
Ethereum’s Fusaka Progress
Meanwhile, in the cryptocurrency ecosystem, Ethereum’s Fusaka has made significant progress by launching on the Hoodi testnet as part of its upgrade testing, completing trials on two prior networks, Holesky and Sepolia. The developers are now working towards establishing a live date for Fusaka’s mainnet release, which is tentatively scheduled for December 3.
XRP Ledger Market Growth
In another development, data from Messari reflects a remarkable 215% quarter-over-quarter surge in the market capitalization of XRP Ledger’s real-world assets (RWA), ending Q3 at approximately $364.2 million. The circulating market cap of XRP itself rose dramatically by 392.6% year-over-year, marking an increase from $34.6 billion compared to the previous year.
Key metrics from Q3 also highlighted positive trends, such as a rise in average daily transactions to 1.8 million, an increase of 8.9%, and a boost in daily active addresses by 15.4% to 25,300. Furthermore, the total number of new addresses jumped significantly by 46.3%, bringing the total to 447,200, and overall addresses saw a 6.1% increase to reach 6.9 million.
Notably, there are currently seven applications for spot XRP ETFs pending approval by the U.S. Securities and Exchange Commission (SEC).
