A recent claim suggesting that Apple Pay and Google Pay have endorsed XRP across 40 countries swept through the crypto community over the weekend. This news has been widely shared, with many interpreting it as a significant development for the cryptocurrency. However, a deeper examination reveals that the reality is more nuanced than it first appears.
The Reality Behind the Claim
The claim started after Trust Wallet announced on November 27 that users can now purchase crypto using Apple Pay and Google Pay. Indeed, Trust Wallet has integrated Apple Pay and Google Pay as options for users to fund their cryptocurrency purchases. However, this integration does not indicate that either Apple or Google is directly endorsing XRP or any other cryptocurrency.
According to Vincent Van Code, a prominent software engineer and crypto pundit, the claim that Apple Pay and Google Pay support XRP is misleading. Van Code explains that these companies are not officially backing XRP; instead, third-party services enable their users to buy XRP and other cryptocurrencies using these payment methods.
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In other words, Apple Pay and Google Pay are simply being used as payment processors for cryptocurrency transactions. These platforms are not directly involved in endorsing XRP but merely serve as convenient payment options for users.
How the Process Works
Trust Wallet allows users to buy XRP and other cryptocurrencies by linking their Apple Pay or Google Pay accounts to the wallet. Once linked, users can select XRP, choose the amount they want to purchase, and complete the transaction. The crypto is then delivered directly to their Trust Wallet. This process simplifies purchasing, making it easier for newcomers to enter the world of crypto.
However, as Vincent Van Code pointed out, the key point here is that this is a third-party service provided by fintech platforms, and not a direct endorsement or involvement by Apple or Google in the cryptocurrency space.
Supported Cryptocurrencies and Availability
The feature enables users to purchase various cryptocurrencies, including XRP, Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Available in over 40 countries, the service is accessible in major markets like the United States, the United Kingdom, Germany, Canada, and Brazil. Users can buy XRP with fiat currencies such as USD and EUR, with a minimum purchase amount of $20.
However, availability depends on the user’s location, payment provider, and other regional factors. Not every user in every country may have access to this feature due to these variables.
Fact-Check Conclusion
While it’s true that users can purchase XRP using Apple Pay and Google Pay in over 40 countries on specific platforms like Trust Wallet, it’s important to clarify that Apple and Google are not endorsing XRP. As Vincent Van Code clarified, these companies are merely providing payment infrastructure through third-party services integrated into Trust Wallet.
The claim that Apple Pay and Google Pay are endorsing XRP is inaccurate. Both Apple Pay and Google Pay are simply transaction processors, allowing users to buy XRP and other cryptocurrencies through platforms like Trust Wallet, with no direct involvement or endorsement of XRP by the tech giants themselves.
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