Ripple is laying the grounds for the crypto industry to flourish
Ripple has been working with various institutions such as IMF, World Bank, EU Commission and this is a considerable achievement.
This means that Ripple is laying the grounds for the whole crypto industry to develop and flourish in the next years.
Ripple has been reportedly eliminating the barriers between the blockchain tech and the traditional financial system.
Back in March 2019, Ripple’s XRP-powered xRapid remittance product was highlighted by the World Bank in an article that was addressing improving remittances services and blockchain technology.
The online publication also mentions the fact that Ripple’s Chris Larsen was chosen by the IMF to join a panel focused on fintech innovation and more.
In April, the EU Commission revealed the launch of the Internation Association of Trusted Blockchain Applications (INATBA), an association of which Ripple is one of the founding members.
The publication’s conclusion is that all of this and more still has to mirror a boost in XRP’s price. Adoption is going much better with important achievements such as XRP getting implemented in Gmail, Microsoft Outlook, and more.