Ripple backs startup driving Bitcoin, Ripple and Ethereum close

Ripple Foundation is backing Equilibrium Connect, the startup driving Bitcoin Ripple and Ethereum close to each other. In recent months we have seen that the cryptocurrency market is starting to see more diversity. Price actions for various cryptocurrencies have taken their own route instead of following Bitcoin as they used too. However, this divergence is not good as it is further increasing volatility in the already unstable market. Now Ripple’s (XRP) development department Xpring is supporting Equilibrium Connect. The firm specializes in developing open-source tools for the Interledger protocol (ILP). Ripple developed the ILP in order to provide financial institutions