– Ripple expands payment services in the US with XRP for fast and low-cost cross-border transactions.
Meeting in San Francisco to discuss Ripple’s 2024 plan and global talent recruitment.
Ripple’s global growth aims to revolutionize payments in key regions.
Ripple, a leading player in real-time gross payment systems, has announced ambitious plans to expand its Ripple Payments service across the US. The announcement was made by the company’s Senior Director V. Oliver Segovia, emphasizing Ripple’s intention to leverage its global position and expertise in blockchain and payments technology to expand its services in the US market.
About 90% of the company’s business is conducted outside of the U.S., and Ripple is strategically looking to strengthen its presence in the U.S. market. The company’s upcoming product updates are designed to leverage the power of blockchain technology by providing optimized solutions for cross-border transactions in the country.
In honor of this milestone, Ripple will host a meetup at its new headquarters in San Francisco. The event promises to be an eventful one, with a panel discussion hosted by Brendan Berry and Peggy Soltani, Head of Product, and moderated by the company’s US Managing Director, Johnny Coursey. The panel will also feature Chief Technology Officer David Schwartz, who will shed light on the outlook for blockchain and Ripple Payments through 2024.
Ripple Payments is a service that differentiates itself by using XRP as an intermediary currency. This approach offers users a number of key benefits, including fast transactions within seconds, cost efficiency compared to traditional methods, transaction transparency through a public ledger, and enhanced security through a consensus mechanism.
In line with its growth strategy, Ripple is actively recruiting in various regions of the world. These include Bangalore, San Francisco, Toronto and London. This recruitment campaign underscores Ripple’s commitment to expanding its reach and attracting the best talent to innovate in the blockchain and payments industry.
The decision to expand Ripple Payments services in the US underscores Ripple’s commitment to revolutionizing cross-border transactions. By utilizing blockchain technology and XRP as an intermediary currency, Ripple aims to streamline the process and make it faster, more cost-effective and more secure for businesses and individuals.
The meetup, which will be held at Ripple’s San Francisco headquarters, will offer attendees valuable insights through a panel discussion led by Brendan Berry and Pegi Soltani. As Ripple’s Chief Product Officers, they will shed light on the innovative solutions and updates that Ripple is bringing to the market.
During the panel, Joanie Xie, managing director of Ripple USA, will discuss