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Ben Armstrong Outlines Why XRP’s Wholesale Adoption in U.S. Is Near

Published 02/08/2024, 06:57 PM
Updated 02/08/2024, 07:15 PM
© Reuters.  Ben Armstrong Outlines Why XRP’s Wholesale Adoption in U.S. Is Near
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  • According to Ben Armstrong, wholesale XRP adoption in the U.S. is around the corner.
  • Armstrong believes Ripple and the SEC would settle for a fine of around $10 million in the long-lasting court case.
  • Ripple’s Head of Product Marketing, W. Oliver Segovia, confirmed there is about to be a significant XRP adoption movement in America.

According to the famous crypto influencer Ben Armstrong, wholesale XRP adoption in the U.S. is around the corner. Armstrong provided details for his conclusion in a recently uploaded video, noting that Ripple and the SEC would settle for a fine of around $10 million in the long-lasting court case.

According to Armstrong, there will be an official panel at the Ripple Labs headquarters in San Francisco, where full details of the anticipated adoption will be made public. The YouTube personality believes XRP adoption would benefit the American payment system, allowing it to work more efficiently.

Armstrong thinks the most benefit for XRP would come with wholesale adoption rather than going mainstream. According to him, despite 90% of Ripple’s business being outside the U.S., especially in the Middle East and North African regio…

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