It appears that Japan is once again at the forefront of technological innovation—how shocking! The ever-popular cryptocurrency XRP has now made its way onto Mercoin, the digital trading platform by Mercari, Japan’s largest marketplace for reselling. Oh, joy! This now means that more than 20 million monthly active users (yes, you read that right, twenty million) can effortlessly access XRP, all thanks to the magic of existing balances, points, or—dare we say it—bank transfers. And, if you’re feeling particularly adventurous, you can begin with a paltry sum of 1 Japanese yen. What a steal! 💸
Mercoin, having flirted with Bitcoin in March 2023 and flirted further with Ethereum in May 2024, has managed to attract a modest three million users in less than two years. Not bad for a platform, eh? But of course, the real headline here is that XRP, the third cryptocurrency to make an appearance, is the first to attach itself to an ecosystem that is already enshrined in Japan’s financial sector. How terribly clever! 🧐
Now, let’s not pretend we’re unfamiliar with XRP’s stronghold in Japan. It’s been waltzing through the country for quite some time, thanks to its association with SBI Holdings, one of Ripple’s most stalwart partners. SBI is, of course, a mighty financial force in the region, and its crypto subsidiaries like SBI VC Trade and SBI Remit have been busy promoting XRP for various purposes—everything from cross-border payments to, believe it or not, buying used cars. Truly, it seems XRP is the answer to all of life’s little problems. 🚗💨
The news that @Mercari, Japan’s go-to marketplace app, now supports XRP is notable for a few reasons:
➡️Mercari is Japan’s largest resale platform, where millions of users keep a balance from selling unused items (MAU: 20+ mill)
➡️Users can now convert that balance or Mercari…— Emi Yoshikawa {X} (@emy_wng) April 24, 2025
Now, XRP has made its grand entrance through a mainstream consumer app that millions of Japanese users already use to buy and sell their old stuff. Oh, how beautifully mundane and convenient! No need for high-level financial jargon or daunting cryptocurrency exchanges. Just a few taps and voila! XRP is now as close to you as that leftover Mercari balance you’ve been hoarding for weeks. 🌟
What’s truly exciting here isn’t the introduction of new use cases (don’t hold your breath), but the fact that access to XRP has just been made oh-so-easy for all. The digital currency is no longer just for the crypto elite or the finance bros who have too many charts on their screens. No, now anyone who has a few Mercari points to spare can dive into the wonderful world of cryptocurrency. A true triumph for accessibility! 💥
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2025-04-24 17:44