Chief Legal Officer Stu Alderoty is hopeful that U.S. banks will return to using Ripple’s ODL product and XRP token.
Ripple Chief Legal Officer Stu Alderoty is hopeful that U.S. banks will return to using the company’s ODL product and XRP token for cross-border transactions after the company’s partial victory against the SEC.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Blockchain payments firm Ripple anticipates that U.S.
Stu Alderoty, Ripple's Chief Legal Officer, said the San Francisco-based company plans to start talks with financial firms this quarter, during anon Friday. Asked whether American banks would return to Ripple’s ODL product following the ruling, “I think the answer to that is yes,” Alderoty said. “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 experiencing in their business in terms of moving value across borders without incurring obscene fees,” Alderoty added.
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