Ripple is targeting Europe's $200 trillion payments market after meeting with Luxembourg's finance minister, advancing its bid for regulatory approval and regional expansion.
Despite XRP's short-term bearish momentum, Ripple is positioning to capture the cross-border payments opportunity in Europe.
Luxembourg Finance Minister Gilles Roth recently met with Ripple, highlighting the company's push to secure a license to operate in the country.
The meeting centered on Ripple's strategic objectives and Luxembourg's ongoing commitment to fostering digital innovation.
According to Minister Roth, the discussions signaled a deepening partnership between Ripple and Luxembourg, a nation at the forefront of digital finance innovation.
Author's summary: Ripple targets Europe's $200T market.