XRP, the sixth largest cryptocurrency by market capitalization, has added another utility to its belt: buying land in xSPECTAR’s alternative world for socializing, gaming, and business.
XRP has recently been listed as a payment option for buying land in xSPECTAR’s metaverse, a Web3 company built on XRPL with NFT collections and a metaverse. xSPECTAR is a validator of the UNL, as declared by the XRP Ledger Foundation in October of last year.
According to a tweet from the xSPECTAR team, the presale land event in their metaverse will allow users to purchase land using XRP, credit cards, or XSPECTAR, the native token of the xSPECTAR blockchain. This is yet another addition to XRP’s growing list of use cases as a currency.
Last year, Binance Card announced the addition of XRP to its list of supported cryptocurrencies, allowing users to spend XRP in Europe and anywhere the Visa logo is accepted. The debit card also enables the use of supported cryptocurrencies at over 90 million merchants worldwide.
In other news, XRPL Labs has announced plans to sunset Hooks testnet V2, while Hooks testnet V3 remains operational and Evernode has migrated to it. The shutdown of Hooks testnet V2 is set to occur in two weeks, on May 14. Hooks v3, the latest iteration of XRPL smart contracts in beta testing, was activated last month, and it allows small, efficient pieces of code to be executed before and/or after XRPL transactions.
XRP’s integration into xSPECTAR’s metaverse demonstrates the cryptocurrency’s growing relevance in the world of gaming and socializing, in addition to its established use cases in finance and remittances.
