Ripple is optimistic about its prospects in the American market after a New York judge ruled that XRP is not a security. The company plans to initiate discussions with US financial organizations about using its On-Demand Liquidity product, powered by XRP, for cross-border transactions. Despite previous legal disputes with the SEC and business setbacks, Ripple remains hopeful and aims to become an attractive option for US banks. Ripple’s primary focus is currently outside the US, but the company expects its global footprint to expand with the increasing adoption of XRP. However, Ripple acknowledges that certain XRP transactions may still be deemed securities and require further review. Overall, Ripple’s story exemplifies the resilience and adaptability of blockchain startups.
AI Sentiment: Positive
