Rakuten Wallet Adds XRP to Solve Crypto Payment Speed

Rakuten Wallet recently added XRP spot trading to its exchange. Senior analyst Yasuo Matsuda says this move is part of a larger plan to address two major hurdles that have kept digital assets from becoming practical for daily payments.

For years, crypto payments have struggled with slow transaction times and high costs. Matsuda believes that these problems must be solved at the same time to make crypto settlements viable for real world use. By adding XRP, the exchange is positioning itself to support faster and more reliable transaction settlements for its users.

This decision marks a shift in how the exchange views the utility of digital assets. Rather than just offering trading, the team is focusing on the technical ability of specific coins to handle high volume payments. Traders should watch to see if this move drives more interest in XRP for practical utility across the Japanese market.