Mobile wallet and digital currency exchange, coins.ph has revealed that it will be assessing whether or not it is ideal to accept the likes of the XRP token within its set services.

For the moment, the Philippines exchange provides both traditional and cryptocurrency services, as the former ranges from accepting and sending payments via a business to personal needs like paying bills and loading up on promotions or credits for games. The latter is still novice, as the financial services platform only supports the trading of Bitcoin [BTC], Bitcoin Cash [BCH] and Ethereum [ETH].

According to Coin Gape, Head of Cryptocurrencies sector at coins.ph, Colin Goltra addressed the possible incorporation of XRP within its services. To see whether or not their decision was sound was tested by rolling out XRP integration to a set number of selective participants. The testing period has concluded, and Goltra shared that its team is “still gathering data and deciding on [their] level of support for XRP.”

XRP has previously gotten a lot of criticism because many viewed it as misrepresenting the crypto sphere. In particular, said individuals would associate XRP with the notion of centralization, adding it to be the main reason why many of its partnerships within traditional firms and banks have been possible.

On the opposite hand, many have made the case that Ripple’s goal towards frictionless payments and ability to efficiently connect banks, providers and cryptocurrencies makes them one of fewest projects to have emphasized on real-life uses.

At the time of writing, the XRP takes the third position on CoinMarketCap, with a total market cap of about USD$13 billion, token price of USD$0.33 and trading volume of USD$272 million.

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