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Coin Edition 2025-01-28 05:02:13

Ripple Gains Regulatory Nod in NY and Texas for Payments

The U.S. expansion boosts Ripple’s global payment solutions with new MTLs. Pro-crypto policies under the Trump administration fuel Ripple’s U.S. growth prospects. Ripple’s $70B payment volume and RLUSD launch solidify its market leadership. Ripple, a leading digital asset infrastructure firm, has secured Money Transmitter Licenses (MTLs) in New York and Texas. These approvals mark a significant step in Ripple’s strategy to strengthen its U.S. operations. This move comes as U.S. regulators show more support for crypto-friendly policies under the Trump administration. Ripple’s expansion highlights its focus on delivering secure and compliant payment solutions worldwide. Ripple’s Role in Cross-Border Payments With these MTLs, Ripple can now start to offer cross-border payment services in these two states. The licenses enable Ripple to oversee transactions end-to-end, providing customers with a secure and regulated solution for global payments. Ripple’s North America Managing Director, Joanie Xie, highlighted the company’s role in helping businesses explore the benefits of crypto and blockchain. With a proven track record in both traditio… The post Ripple Gains Regulatory Nod in NY and Texas for Payments appeared first on Coin Edition .

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