Ripple, the well-known blockchain firm with its native XRP token, is inching closer to a major alliance with the BRICS bloc following a recent green light for operations in the UAE. This development has fueled chatter about the ripple effect—pun intended—of this integration. The BRICS group, eager to challenge Western dominance, seems to have its crosshairs on the digital currency space. With Russia doing a complete 180 on its past crypto ban and the prospect of a blockchain-based payment system debuting at the 2024 Summit, the stars are aligning for Ripple to play a part im Artikel von watcher.guru nachzulesen.
Crypto buffs like Chad Steingraber are buzzing over the possibility. With UAE’s approval in hand, he’s practically ready to pop the champagne, claiming there’s no need to debate XRP’s usage in BRICS+ anymore. Ripple’s history as a key player in cross-border payments makes it a juicy prospect for the BRICS Pay platform, eyed as a solid alternative to the US dollar. Plus, insiders suggest that such an integration could send XRP skyrocketing in terms of utility and market appeal. As the 2024 Summit looms, it’s the waiting game now, with promises that the summit will clear the fog surrounding the blockchain payment platform’s future.