In his bid to make XRP the official cryptocurrency of the 2020 Olympic games, Japan resident Ken Takahashi has exceeded expectations.

His original goal on was to secure 7,500 signatures, but the petition has recently blown right by that and currently has over 12,000 signatures with a new goal of 15,000.

Takahashi argues the need for a cryptocurrency at the Olympics in his post,

“As tourists stream into the country, demand for the local currency skyrockets, causing long lines at currency exchanges, as seen at past events like Beijing 2008 and Rio de Janeiro 2016. Confusing exchange rates and language barriers further complicate the problem.

We believe that the fast transaction times and security of Ripple Lab’s XRP cryptocurrency would be a great contribution towards solving this problem.”

The petition just recently started gaining momentum, despite being started over ten months ago. In fact, between Saturday and Sunday, the number of signatures rose by more than 1,000.

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This article was first seen on the Daily Hodl and can be found here: