XRP Can Now be Burned via Bitcoin Payment App On XRPL

The crypto world has been retrieved with another major development aimed at implementing Bitcoin transactions and competing with the Lightning Network. This time came the moment of glory of SpendTheBits, a project built on the basis of XRP Ledger, which recently received great support from the entire XRP community. According to the crypto lawyer, the case of SpendTheBits, which is built on XRP Ledger using open source code and not requiring any permission from Ripple or anyone else to implement the technology, once again proves that the SEC claims against Ripple and XRP are absolutely absurd. It is Satoshi-esque technology, says Deaton. The most important feature of the project is definitely the use of XRP in transactions, or rather the burning process.