XRPL-based Wallet and C14 Integration Simplifies Crypto Transactions

• Xaman Wallet integrates with C14, enabling easy fiat-to-crypto transactions and access to Xahau and XRPL tokens.
• C14 supports crypto purchases in over 50 countries, enhancing global accessibility for Xahau and XRPL users.

The XRPL-based Xaman Wallet has now connected with C14, delivering a new fiat-to-crypto gateway that aims to transform the user experience in the cryptocurrency space.

Have you already noticed the C14 xApp within Xaman?

We are proud to see that our collaboration with @c14_team is enchanting accessibility and enabling onboarding for both #XRP and #XAH in 50+ countries!

Read more about C14 on our blog: https://t.co/Cmwtn9t2uc https://t.co/6sCkfSPVlP

— Xaman (formerly Xumm) Wallet (@XummWallet) July 3, 2024

New Gateway Announcement

C14 recently announced the integration, claiming, “We are pleased to introduce a new fiat-to-crypto gateway, C14, and the XAH On Demand (XAHOD) xApp, allowing customers to seamlessly purchase assets on Xahau directly from the Xaman wallet and their website, c14.money.”

This new On-Ramp gives their customers access to the Xahau network token, XAH, and XRP, offering a safe, efficient, and user-friendly transition from traditional fiat currencies.

This breakthrough implies that users can now access the Xahau network token, XAH, and XRP in a secure and efficient manner. The integration promises a user-friendly transfer from traditional fiat money to the cryptocurrency realm.

The Xahau network takes a new approach to Smart Contracts with “Hooks”—business logic and rules that allow users to install on-chain modules on their account addresses. Furthermore, XRPL users can utilize the same wallet and existing R-address across both networks, which improves the overall user experience.

Global Reach of C14

C14 will allow users from more than 50 nations to access Xahau and the XRPL. This covers support for alternative payment methods in emerging areas as well as regular credit and debit card onboarding.

Currently supported jurisdictions include the United States, Canada, the European Union, Japan, Australia, Brazil, Mexico, South Africa, Colombia, the Czech Republic, Turkey, Hong Kong, the United Arab Emirates, Indonesia, Nigeria, Korea, the Philippines, Poland, Vietnam, New Zealand, Switzerland, Singapore, and Thailand.

Meanwhile, according to CoinMarketCap, the price of XRP at the time of writing is about $0.4435, down 5.05% over the last 24 hours. This also indicates a bearish stance during the last seven days, with a 6.32% drop.

On the other hand, Ripple’s XRPL Japan and Korea Fund has accepted applications to encourage blockchain innovation and community growth. This project is expected to accelerate the use and development of blockchain technology in certain countries, creating new opportunities for both businesses and developers.