One of the most popular uses for Ripple (XRP) is for online casino games like poker, baccarat, roulette, blackjack, and the like.
Casino players chose to use Ripple (XRP) because of its capability to make payments worldwide without too many restrictions and regulations. Most casinos using XRP are online casinos like HighStakes.com.
HighStakes.com is far different from the online casinos most people are familiar with. Unlike traditional casinos, HighStakes.com incorporates gambling with cryptocurrency investing and trading. This dynamic allows Ripple (XRP) holders to find a more innovative medium to hold their savings.
HighStakes.com intends to use Ripple (XRP) as the more popular cryptocurrency payment option in its gambling platform. This online casino creates different algorithms to make this coin more affordable and compatible in their gaming platforms, taking only four seconds for deposits and withdrawals.
This online casino is also creating a new cryptocurrency-based lottery, which provides winners every two minutes.
The main concern is the sustainability of cryptocurrency profits without a valid prediction of the XRP price movements.
In response to these concerns, a report announced that XRP invested around $100 million in creating and advocating better initiatives for blockchain-based gambling.
Other online gambling platforms incorporating Ripple (XRP) are KingBit Casino, Bitstarz, Wild Casino, APLAY, and the like.