MoonPay, a well-known cryptocurrency payment gateway, just announced a new partnership with Ripple. This is a big step for both companies as they aim to improve how they serve their users. Their goal? To make cryptocurrency easier to access for everyone.

This partnership is a significant milestone for MoonPay. Now, users around the globe can easily buy Ripple’s native token, XRP. With this integration, you can buy, manage, and store XRP directly in your MoonPay account.

“In partnership with Ripple, you can now buy, store, and manage your XRP directly within your MoonPay account. Whether you are a new recruit or a loyal soldier, welcome home,” MoonPay stated.

Earlier this year, in May 2024, MoonPay integrated PayPal into its platform. This change allowed users to purchase digital assets through bank transfers using a familiar interface. Now, with the Ripple partnership, MoonPay is taking another step to simplify cryptocurrency transactions for its growing user base.

The ability to buy crypto through PayPal, along with the new XRP features, shows MoonPay's commitment to making digital assets mainstream. It also highlights the increasing importance of Ripple’s token.

Despite ongoing legal challenges with the U.S. SEC, MoonPay’s integration signals confidence in XRP’s future. As both companies expand their offerings, they are leading the way in making cryptocurrency more accessible.

On another note, Ripple is still dealing with a legal battle against the SEC. Since 2020, the company has faced accusations that selling XRP tokens was an unregistered securities offering. This case has attracted a lot of attention because its outcome could impact the entire crypto community.

Ripple scored a partial victory in July 2023 but is still under pressure as the SEC appeals parts of that ruling. The case remains unresolved, leaving the XRP community hopeful but uncertain about Ripple’s regulatory future.

Recently, Ripple’s Chief Legal Officer, Stuart Alderoty, shared details about the appeals timeline with Fox Business correspondent Eleanor Terret. He mentioned that the SEC has until October 17 to submit Form C, which will outline its intended appeal.

After that, Ripple plans to file its own Form C a week later, explaining its arguments for a cross-appeal. This process will kick off what is expected to be a lengthy legal battle.

Once both parties submit their forms, they will agree on a briefing schedule. The SEC will have up to 90 days to present its opening brief. Alderoty expects the SEC to take the full time to lay out its legal arguments.

Ripple will then respond and file its own brief, starting a detailed briefing process that could last until July 2025. This timeline suggests a drawn-out legal engagement, highlighting the significant stakes involved.

According to BeInCrypto, XRP’s price has increased slightly by 1.17% following this news. As of now, the token is trading at $0.5495.