U.Today is supported by its audience. When you buy through referral links, we may earn a commission.

Ripple Prepares to 'Take Off' in Next Two Years with Asia Being Its Main Focus

News
Fri, 03/20/2020 - 18:41
Alex Dovbnya
Blockchain behemoth Ripple apparently has massive plans for the upcoming years, according to Ripple's exec
Cover image via stock.adobe.com
Contents
Put your crypto to work
10
BTC
  • $68.96

    Interest per week

  • $3585.7

    Interest per year

  • 4.15%

    Interest rate

Join Now!
Sponsored by Celsius.Network

Radio host Randi Zuckerberg, who is better known as a sister of Facebook CEO Mark Zuckerberg, recently posted quotes from notable figures in the crypto space with whom she did interviews on Sirius XM. 

One of them was Ripple's senior vice president of product management Asheesh Birla who predicted that Ripple would be 'really taking off' in the next two years. 

"I think will be really taking off in the next 2 years. The world order will be reshuffled using the blockchain technology. I think Asia will lead the pack," he said.  

Related
Ripple CEO Reveals How Coronavirus Has Affected His Company

Garlinghouse agrees

In response to Birla's comment, Brad Garlinghouse, the CEO of Ripple, tweeted that he knew what he was talking about.        

It is worth noting that Garlinghouse himself doesn't shy away from revealing Ripple's ambitious goals. During his recent CNN interview, he revealed that the company could branch out into other industry niches beyond cross-border payments.      

Related
Ripple's XRP Is Being Adopted by Almost Every Japanese Bank: CipherTrace CEO

Focusing on Asia

Ripple has recently made great progress when it comes to its expansion in the Asian market that is expected to be at the forefront of the new 'world order' with its embracement of the blockchain technology. 

In late February, it teamed up with three South Korean remittance companies before striking a deal with Thailand-based fintech player DeeMoney earlier this week.  

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

Top 10 Best Cloud Mining Sites in 2020
TOP 20 Best Bitcoin Trading Bots in 2020
Elon Musk Sends His Condolences to US Economy
Bitcoin (BTC) to Get Gains from Stock Market: US Congressional Candidate
All XRP Liquidity Indexes Reach New Highs. Is COVID-19 Crisis Driving This Growth?