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Breaking: US Banks Adopt Ripple’s XRP for International Payments


Breaking: US Banks Adopt Ripple’s XRP for International Payments

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  • Ben Armstrong shares insights on the US banks’ potential adoption of Ripple’s XRP.
  • Ripple CEO Brad Garlinghouse has hinted at the wider adoption of XRP following the token’s landmark victory against the SEC.
  • With XRP’s legal clarity and major upgrades, Ripple is heading towards acquiring its vision.

Ripple CEO Brad Garlinghouse has recently hinted at the potential adoption of XRP by the banks of the United States. In a recent video, Ben Armstrong, a prominent voice in the blockchain sector, asserted that the US banks’ adoption of XRP is poised to be “the key to XRP’s success.”

Ripple has been moving through a tough period for more than two years since the Securities and Exchange Commission (SEC) sued the platform in 2020. The regulators accused Ripple and its executives of allegedly raising “over $1.3 billion through an unregistered, ongoing digital asset securities offering.”

Though Ripple envisioned the global expansion and wider adoption of XRP, its legal challenges remained a severe hurdle in its path. However, in 2023, Judge Analisa Torres’ landmark ruling that classifi…

The post Breaking: US Banks Adopt Ripple’s XRP for International Payments appeared first on Coin Edition.

Read the article at CoinEdition

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