Ripple is targeting Europe's $200 trillion payments market after a 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 itself to capture the cross-border payments opportunity in Europe.
Luxembourg Finance Minister Gilles Roth recently held a high-level meeting with Ripple, highlighting the company's push to secure a license to operate in the country.
The discussions centered on Ripple's strategic objectives and Luxembourg's commitment to fostering digital innovation, signaling a deepening partnership between Ripple and the nation.
Author's summary: Ripple targets Europe's $200T market.