Ripple, a cryptocurrency and remittance services company, expects to start offering its services to U.S.-based businesses after the recent ruling that determines the XRP token is not “necessarily a security” on its face. Stuart Alderoty, Ripple’s CLO, stated the company hopes to start talking with possible customers this quarter.
Ripple Hopeful About U.S. Business Opportunities
Ripple is expecting its business opportunities in the U.S. to pick up after the landmark ruling that determined that XRP, the token used by the company in some of its solutions, was not “necessarily a security” on its face. In an interview with CNBC, Ripple CLO Stuart Alderoty explained that the company was ready to contact potential customers wanting to integrate its solutions.
Alderoty stated:
I think we’re hopeful that this decision would give financial institution customers or potential customers comfort to at least come in and start having the conversation about what problems they are experienci
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