(CNBC) Blockchain startup Ripple is confident U.S. banks and other financial institutions in the country will start showing interest in adopting XRP in cross-border payments after a landmark ruling determined the token was not, in itself, necessarily a security. The San Francisco-based firm expects to start talks with American financial firms about using its On-Demand Liquidity (ODL) product, which uses XRP for money transfers, in the third quarter
Ripple says U.S. banks will want to use XRP cryptocurrency after partial victory in SEC fight
This entry was posted in Syndicated. Bookmark the permalink.