XRP Olympic Petition Tops 10K Signatures, Raises Goal to 15K

Petition to make Ripple's XRP the official cryptocurrency of the 2020 Olympic games.

At the time the petition had reached over 5K signatures.

Co/FCcVuvkKaS. - Bobbi October 8, 2018.Takahashi states on the petition page, which tags both the International Olympic Committee and Ripple Labs, that an official cryptocurrency would make transactions at the 2020 games much easier for international travelers to Tokyo than current means.

Transferring XRP to their accounts, then exchanging it for fiat without the need for an exchange service or conventional bank would mean less wait time for people who need currency to get around.

Of its XRapid product designed for exactly this kind of situation: cross-border financial transfers.

Tests of XRapid have shown drastically reduced wait times for international fund transfers.

This isn't the first time cryptocurrency has rubbed elbows with the Olympic games.

To send the Jamaican bobsled team to the Winter Olympics.

This year, the USA Olympic luge team is trying to utilize Bitcoin to get its players to the game in an attempt to boost what representatives say is a traditionally underfunded sport, accepting donations in the form of cryptocurrency.

Takahashi's petition shows no sign of slowing down.