Ripple's Payment Head Shares 2024 Predictions

TLDRRipple's Head of Payments, Brendan Barry, predicts a utility boom, traditional fintech collaboration with cryptocurrencies, and a shift away from US licenses for non-G7 stable coins. Ripple is expanding its partnerships and is dedicated to empowering developers in the XRP Ledger community.

Key insights

💥Utility boom predicted in 2024

💼Collaboration between traditional fintech and cryptocurrencies

💱Shift away from US licenses for non-G7 stable coins

🌍Expansion of Ripple's partnerships and impact on global remittances

🚀Positive outlook for the future of Ripple and XRP Ledger

Q&A

What are Ripple's predictions for 2024?

Ripple predicts a utility boom, collaboration between fintech and cryptocurrencies, and a shift away from US licenses for stable coins.

What is Ripple's approach to partnerships?

Ripple is expanding its partnerships with banking and financial institutions worldwide, focusing on global remittances.

What are non-G7 stable coins?

Non-G7 stable coins are digital currencies that are not tied to the currencies of the Group of Seven (G7) countries.

How will Ripple impact the future of global remittances?

Ripple's partnerships and technology, such as RippleNet, enable faster and more convenient remittances worldwide.

What is the outlook for Ripple and the XRP Ledger?

Ripple and the XRP Ledger have a positive outlook, with increasing partnerships and development opportunities for developers in the community.

Timestamped Summary

00:00Ripple's Head of Payments, Brendan Barry, shares his predictions for 2024.

00:10Prediction 1: Utility boom expected to be huge in 2024.

00:22Prediction 2: Traditional fintech collaboration with cryptocurrencies.

00:36Prediction 3: Non-G7 stable coins shifting away from US licenses.

01:46Ripple's partnerships and impact on global remittances.

06:13Introduction to xrpl Commons and its role in empowering developers.

07:11Stronghold, a Ripple partner, focused on providing accessible financial services.

09:48Reminder to keep cryptocurrency safe from scams and hacks.