Check: Does McDonald's Currently Accept XRP Payments?
In the world of cryptocurrencies, rumours can spread like wildfire, and recently, a viral claim about McDonald's accepting XRP payments from August 4th at select U.S. locations has been making waves on social media. However, we're here to set the record straight: this claim is not true.
Currently, the XRP token is trading near $2.99, up 4.11% in the past 24 hours, but there is no official partnership or confirmation from either McDonald's or Ripple about XRP payments being accepted at McDonald's stores. The original post used vague terms like "reportedly" and did not cite any source.
On August 3, a tweet from the account @Ripple_queen suggested this as a potential "game-changing moment" for crypto payments and the XRP Ledger. The post exploded across crypto Twitter, but there were no announcements from McDonald's or Ripple confirming the claim. Many users on Twitter pointed out the lack of evidence and called the claim out as speculation.
For a move this big, one would expect formal communication, especially from Ripple, which usually makes regulatory disclosures when entering new markets. Neither company has released any press releases, blog updates, or public statements regarding XRP payments. The XRP token recently surpassed McDonald's in market cap, crossing $215 billion, but this does not mean a partnership is imminent.
As a reminder, stay informed with reliable sources and fact-checks. Tune in to Coinpedia for regular updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. For now, you cannot buy a Big Mac with crypto at McDonald's locations. We'll keep you updated if that changes.
[1] Sources: Twitter, Coinpedia, and other reliable news outlets.
In the realm of cryptocurrency investing, it's essential to consider all options carefully before making decisions. Despite recent speculation about McDonald's accepting XRP for payments, there is no official confirmation from either McDonald's or Ripple, making Bitcoin trading in this context, regarding XRP, more of a financial risk than an investment opportunity.
