What Concerns Corporates in Crypto Payments? Insights from Ripple’s Report!

• Ripple engaged in a survey with over 100 payment leaders.
• 77% of participants stated that blockchain payments are beneficial.
• 60% of participants highlighted regulatory uncertainty in the crypto space.

Ripple conducted a survey in collaboration with the US Faster Payments Council (FPC) to guide payment leaders on ongoing trends and technological developments in the payment ecosystem. More than 100 payment leaders participated in this survey, including CEOs, founders, and technical leaders. In this context, Ripple shared its observations on the advantages of payment usage, adoption plans, and obstacles to growth in a blog post.

With this survey on blockchain and crypto payments, Ripple allowed payment leaders to express their thoughts and goals by answering questions. 77% of the survey participants stated that using blockchain in payments was “Very Useful” or “Somewhat Useful” for their organizations’ end customers. 60% of the participants also suggested the same for customers using cryptocurrency for payments.

Ripple received responses to the survey stating that blockchain would be useful. One of these answers was:

“[Blockchain will be useful] by driv…

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