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Yoshitaka KitoThe head of the Japanese SBI Group group moved to social media to support the SBI partner and the participation of a press release shared by the Ripple team about the next step to solve Ripple payments and the prospects for the encryption industry for the following four years.
The article is entitled "The Momentum of encryption in the United States".
The joining of the encryption momentum in the United States and institutions
Now, the political leadership in the United States has changed radically, the encryption community expects many important developments in the country during the next four years. Ripple also promises Various resolution of the cross -border payments.
Now, the American financial institutions are ready to achieve profits in encryption, adopt them quickly, diversify their portfolios and add various digital assets to them. Crypto -backed border payments have proven that one of the most valuable solutions that international financial leaders can benefit from. The percentage of institutions that believe in the bright future of Blockchain and Crypto and its great impact on financing in growth continues.
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Ripple provides new licenses
The press statement reveals that Ripple has received fifty licenses of money sender in the United States - New York and Texas. In these two states, the presence of Ripple was very strong due to the high demand for international payments in actual time, not only from encryption companies but also from traditional banks.
Ripple has been granted more than 60 licenses for the rest of the world, and customers provide fast and medium -cost transfers around the world. The press statement states that banks gradually lose a large part of their market share for new players who enter the market through encryption solutions.
Moreover, the company noted the increase in demand for the benefit of Stablecoins and its interaction last year through its special products - StableCoin Stablecoin in US dollars.
In addition to expanding its licenses and the product group, Ripple continues to rely on the United States for its employees - 75 % of open jobs for its branches in the United States, and according to the press statement, local employment doubled compared to 2023. In 2024, the company expanded its offices in New York and San Francisco .
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