EARLY STAGES OF OPTIMISM:
Ripple is known for its innovative use of blockchain technology to facilitate messaging between banks, and it now aims to address real-world challenges in cross-border transactions right here at home.
The clarity provided by the recent court ruling is expected to generate increased interest from institutions themselves, potentially leading to widespread adoption of XRP. Sales of XRP by Ripple to institutional buyers would be categorized as unregistered sales of securities
Ripple's General Counsel, when asked about the potential impact on American banks' willingness to engage with Ripple's On-Demand Liquidity (ODL) product, expressed confidence. "I think the answer to that is yes." Ripple's ODL product leverages XRP for facilitating cross-border transactions. The overall significance of the decision to allow banks to transact with cryptocurrency is not lost.
https://www.thecryptoalert...
Ripple is known for its innovative use of blockchain technology to facilitate messaging between banks, and it now aims to address real-world challenges in cross-border transactions right here at home.
The clarity provided by the recent court ruling is expected to generate increased interest from institutions themselves, potentially leading to widespread adoption of XRP. Sales of XRP by Ripple to institutional buyers would be categorized as unregistered sales of securities
Ripple's General Counsel, when asked about the potential impact on American banks' willingness to engage with Ripple's On-Demand Liquidity (ODL) product, expressed confidence. "I think the answer to that is yes." Ripple's ODL product leverages XRP for facilitating cross-border transactions. The overall significance of the decision to allow banks to transact with cryptocurrency is not lost.
https://www.thecryptoalert...
USA Banks Expected to Use XRP Following Ripple Announcement
In a remarkable turn of events, Ripple, the fintech company closely associated with the cryptocurrency XRP, anticipates a resurgence in interest from U.S. banks for using XRP in cross-border transactions. This newfound optimism is amplified by the recent court ruling that has brought regulatory clar..
https://www.thecryptoalert.com/post/usa-banks-expected-to-use-xrp-following-ripple-announcement
10:56 AM - Sep 19, 2023
Only people mentioned by QFlagPin in this post can reply
