Worldwide XRP Adoption: Institutions On All 7 Continents Embrace The Crypto

Ripple has been making great strides in expanding the utility of its digital asset, XRP, worldwide. A new report by Tokenicer shows that institutions are now deploying XRP on all seven continents. Related Reading: Crypto Recognition: China Acknowledges Digital Currency In Historic AML Law Overhaul This puts to rest the debate on the robustness, versatility, […]

Aug 21, 2024 - 22:00
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Worldwide XRP Adoption: Institutions On All 7 Continents Embrace The Crypto

Ripple has been making great strides in expanding the utility of its digital asset, XRP, worldwide. A new report by Tokenicer shows that institutions are now deploying XRP on all seven continents.

This puts to rest the debate on the robustness, versatility, and possibility with Ripple, especially on-going lawsuits in the courts of the United States. Yet to clarify regulations, the partnerships of Ripple have done pretty well outside the US, which is evident from the growing acceptance of the technology.

XRP: Global Partnerships By Ripple

The research highlights various partnerships that have emerged in regions like South America and Europe. For example, the Bank of Colombia has tested its Central Bank Digital Currency, CBDC, on Ripple’s platform, a commitment toward upgrading the modes of financial transactions.

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