Ripple (XRPUSD)

[europa7]

XRP Remittances Get a Nod from Mastercard: Ripple Integration Ahead?
https://cryptoadventure.com/xrp-remittances-get-a-nod-from-mastercard-ripple-integration-ahead/

"...Mastercard sees a massive opportunity in digital remittances, with the market predicted to reach $550 billion by 2026, growing at 8% annually. Meanwhile, Ripple forecasts a staggering $250 trillion market for cross-border payments by 2027. Collaboration and leveraging XRP could position both companies to capture a significant share of this booming market..."

Scoring A Win: Mastercard Endorses Ripple For Global Remittances – A Boost For XRP?
https://bitcoinist.com/mastercard-endorses-ripple-for-global-remittances/

New Mastercard report reveals key trends and opportunities to digitize remittances in Latin America and the Caribbean
https://www.mastercard.com/news/latin-america/en/newsroom/press-releases/pr-en/2024/march/new-mastercard-report-reveals-key-trends-opportunities-to-digitize-remittances-in-latin-america/

The future of remittances in Latin America: Digitalization, multiple rails, and the strategic role of partnerships By Mastercard and Payments and Commerce Market Intelligence
https://www.mastercard.com/news/media/ltfpfln3/pcmi_mastercard_the_future_of_remittances_en_march2024.pdf

page 14:
5. Blockchain technology fuels new
remittances business cases
Blockchain technology proposes to
eliminate intermediaries, which can
add cost and delay to cross-border
transactions. Blockchain-based
companies—such as Ripple, Stellar,
and Circle—bring speed and visibility to
international money movement in all
verticals, including remittances.

page 15:
7. Central Bank Digital Currencies
(CBDCs) may help move money
Governments all around the world are
designing their own CBDCs. More than
130 initiatives exist today worldwide.
Several of these projects feature crossborder wholesale CBDCs, which have
the potential to transform international
money movement for all industry actors

Ripple is in talks with “over a dozen governments” for CBDC development, many of
them for cross-border payments.