Binance's Trust Wallet adds support for Ripple’s XRP token and credit card payments

Trust Wallet, the official wallet of cryptocurrency exchange Binance, has announced support for XRP, Ripple’s native token, and credit card payments for cryptocurrency.

In July 2018, Binance acquired Trust Wallet, an open source, decentralized and anonymous mobile wallet application that supports Ethereum and over 20,000 different Ethereum-based tokens (ERC20, ERC223 and ERC721).

Since its acquisition, Trust Wallet has expanded from best-in-class Ethereum wallet to multi-coin wallet, enabling users to smoothly navigate between multiple blockchains, including Bitcoin, Bitcoin Cash, Litecoin, TRON and Dash.

The latest support for XRP will allow Trust Wallet users to receive, send, store and exchange the third largest cryptocurrency by market cap. With this, Trust Wallet now supports 17 blockchains and provides users with access to hundreds of DApps via its Web3 browser.

Binance said that Trust Wallet users can also purchase XRP, BTC, BCH, LTC and ETH with major credit and debit cards through its integration with payment processing company Simplex.

“Adding credit card payments is one piece to furthering cryptocurrency adoption and realizing our larger vision in helping to bring the freedom of money, and we will continue to integrate more blockchains and features to Trust,” said Viktor Radchenko, Founder of Binance’s Trust Wallet.

In addition, Trust Wallet recently launched Trust Wallet Core, an open-source cross-platform wallet library, which enables developers to easily build DApps and wallets natively, without worrying about low-level implementation details.

Trust Wallet will be a native wallet to the upcoming Binance DEX, a decentralized exchange built on the new Binance Chain blockchain, which is expected to launch in early Q2 of 2019. Earlier this month, Binance announced a trading competition in order to increase awareness of its decentralized trading platform Binance DEX.