Home Cryptocurrency Ripple Rejects Claims To Pay Coinbase To List XRP On It’s Platform

Ripple Rejects Claims To Pay Coinbase To List XRP On It’s Platform

Ripple’s head of XRP markets Miguel Vias went on record to illuminate that Ripple did not give Coinbase any assets as a motivating force to list the advanced resource

We’re happy to go on the record. Coinbase’s listing of XRP (also, not “our token”) was Coinbase’s independent decision – we did not give them anything to make it happen.

Allegations have been growing that guarantee that Ripple, the San Francisco-based blockchain startup paid to have its advantage XRP recorded on Coinbase. The help of XRP on Coinbase Pro came as an astonishment to numerous as the trade organization had declined to list the benefit over an extensive stretch of time.

ALSO READ:- Why Coinbase Finally Listed XRP?

[In 2017], a Ripple executive asked whether a $1 million cash payment could persuade Gemini to list XRP in the third quarter, according to people familiar with the matter. That followed other attempts by Ripple to get Gemini to add XRP, exploring strategies like paying out rebates and covering related costs, the people said.

During preliminary talks with Coinbase last fall, Ripple said it would be willing to lend the exchange more than $100 million worth of XRP to start letting users trade the asset, according to a person privy to that discussion. Ripple, without putting the proposal in writing, told Coinbase it could pay back the loan in XRP or dollars, the person said. If the exchange had chosen the latter, it could have profited had the tokens become more valuable upon being listed, the person said.

Finally Ripple had rejected all the claims of listing Xrp to the pro version of Coinbase . What do you think don’t forget to comment.