XRP Ledger Now Supports FIO Send: What Does This Mean?

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XRP Ledger Now Supports FIO Send: What Does This Mean?
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.xrptoolkit now allows users to send $XRP to joinFIO names: Details $FIO XRP Ripple

This update was activated today, on March 1, 2023. With FIO Send, XRP holders can replace public addresses of their wallets with human-readable names.

FIO Protocol will be responsible for the matching of an XRP Ledger address and the human-readable name of its user. This integration advances the usability and acessibility of XRP and other crypto on XRP Ledger.The team of FIO Protocol added that more updates on collaboration with XRP ecosystems are yet to be announced. The price of FIO, a core native cryptocurrency of the protocol, added 7% on the announcement and reached a local peak over $0.042.

As covered by U.Today previously, FIO Protocol's solutions were integrated by another mainstream noncustodial wallet for XRP, XUMM. Starting from January 2022, XUMM customers are sending the tokens to human-readable addresses.

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