As it emerged that India may not ban cryptocurrencies after all, currency exchange Ripple has revealed its detailed strategy to beat Bitcoin in the country. The third largest cryptocurrency is so determined to dominate the Indian crypto sector that it even considered doling out 2 Billion XRP token ($880 million) as a promotional offer. Meanwhile, Bitcoin began seeing a surprising surge in trading activities in India due to its steep price drop since the court order.Source
Implementation, however, didn't seem that practical to Ripple. The company's Vice President, Asheesh Birla, said that they decided to partner with major banks instead of dealing with the potential difficulty of distributing XRPs to billions of Indians.
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