Ripple President: Cryptocurrencies such as XRP are accelerating globalization
Ripple President Monica Long stated that TradFi systems are too slow to promote global business growth. However, cryptocurrencies like XRP have already achieved great success in bridging this gap. Developing countries are turning to cryptocurrencies such as BTC and XRP. "In Argentina, Zimbabwe, and most recently Nigeria, people are increasingly turning to cryptocurrencies or dollar-backed 'stablecoins' for savings and shopping, rather than unstable national currencies."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Justin Sun Announces Major Update for Tron (TRX)
Tron (TRX) founder Justin Sun signaled an important change for the altcoin in his statement.
Warren Buffett’s Crypto Gift from Justin Sun Surges 1,000% in Value by 2024
![](https://img.bitgetimg.com/multiLang/image/social/d7215344ad2c6159afe786d833a13f3a1725746405107.jpg)
Roblox will allow devs to skip Robux and charge players in fiat money
VanEck’s Matthew Sigel Defends Ethereum’s Strong Utility Despite Bearish Market
![](https://img.bitgetimg.com/multiLang/image/social/e201343e99422f1587dcca6032544c281725741543205.jpg)