XRP gains 44 million new users via Japan’s Rakuten
Tomorrow, one of Japan’s biggest consumer apps with millions of merchants will start funneling demand into XRP.
Tomorrow, 44 million Rakuten Pay users in Japan will be able to convert their loyalty points directly into XRP and spend it at 5 million merchants.
Rakuten wallet customers will be able to spend XRP at five million merchants and buy XRP with the loyalty points they earn while shopping.
A direct pipeline into XRP demand.
That is not a pilot or a partnership or a press release with no product behind it. That is XRP embedded into the payment infrastructure of one of Japan’s most popular consumer apps.
Rakuten Wallet will list XRP for spot trading and payments starting April 15, and users can buy XRP with Rakuten Points, convert to Rakuten Cash, and spend XRP via Rakuten Pay at any of 5 million merchant locations across Japan. No bank transfer. or crypto exchange onboarding needed.
Already live and installed on millions of mobile devices, and as of tomorrow, one tap away from buying XRP.
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XRP Premium Analysis
Rakuten is not a crypto company. It is one of Japan’s dominant consumer platforms, with over 100 million…