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 <p class="is-style-lead">Ripple senior director and head of product marketing W. Oliver Segovia revealed on social media that the firm intends to grow its <a rel="noopener noreferrer nofollow" title="payment" href="https://thebittimes.com/tag/payment.html">payment</a> services across the U.S.</p>
 <p>Segovia acknowledged on LinkedIn that while&nbsp;90% of Ripple’s business operations are conducted outside the U.S., the company is poised to make waves with the announcement of upcoming product updates driven by its money transmitter licenses (MTLs).</p>
 <p>The MTLs will now extend to the majority of U.S. states.</p>
 <p>To kick off this phase, Ripple will be organizing a fintech meetup at its newly inaugurated San Francisco headquarters. The event will feature an engaging panel discussion on Ripple’s blockchain and <a rel="noopener noreferrer nofollow" title="payment" href="https://thebittimes.com/tag/payment.html">payment</a>s outlook for 2024, led by heads of product Brendan Berry and Pegah Soltani, and moderated by U.S. managing director Joanie Xie.</p>
 <p>Ripple Chief Technology Officer David Schwartz is also expected to join the discussion.</p>
 <p>Following the panel, attendees will have the opportunity to network with professionals from Adyen, Marqeta, Plaid, and more during a casual happy hour. The event is scheduled for Wednesday, Feb. 7, starting at 5 pm at Ripple’s new headquarters located at 600 Battery St. Registration.</p>
 <p>Those interested are encouraged to sign up promptly, with the option to contact for priority access through the waitlist.</p>
 <p>In alignment with its strategic growth plan, Ripple is actively recruiting across various global locations, including Bangalore, San Francisco, Toronto, and London.</p>
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 <h2 class="wp-block-heading" id="asset-managers-gear-up-for-xrp-etf-launch">Asset managers gear up for XRP ETF launch&nbsp;</h2>
 <p>U.S.-based asset management firms, including major players like BlackRock and Grayscale, are set to submit applications for a Ripple (XRP) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC) in April, possibly leading to a launch by the end of 2024.</p>
 <p>This decision follows a U.S. district judge’s ruling declaring XRP as “not a security,” creating excitement and speculation in the cryptocurrency market. The prospect of an XRP ETF has drawn considerable attention, sparking discussions among industry experts and influencers.</p>
 <p>BlackRock, a global asset manager overseeing over $8.5 trillion in assets, is anticipated to play a crucial role in the XRP ETF launch. The anticipation is heightened by ongoing legal developments and regulatory uncertainties still surrounding XRP.</p>
 <p>The potential introduction of an XRP ETF holds broader implications for the cryptocurrency market, increasing XRP accessibility for traditional investors and solidifying its non-security status.&nbsp;</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Ripple outlines how regulatory clarity fosters innovation
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ripple-to-expand-us-payments-after-being-relatively-quiet-tbt78834.html">https://thebittimes.com/ripple-to-expand-us-payments-after-being-relatively-quiet-tbt78834.html</a></p>

Ripple to expand US payments after ‘being relatively quiet’

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