Ripple is emerging as a global leader in blockchain development. The company just announced further collaboration with Tsinghua University, in China. The newly announced program will build toward the inception of a blockchain tech research scholarship program aimed at Chinese graduate students.
China has a love-hate relationship with cryptos, but it appears that Ripple has been able to penetrate Beijing’s protective shroud. Ripple’s XRP token is one of the most valuable cryptos (measured by market cap), but not all of the company’s platforms need XRP to function. Ripple’s xRapid uses XRP tokens for its fees, but their xCurrent platform doesn’t require XRP at all.