Ripple Expands U.S. Operations with New Licenses in New York and Texas
- Ripple has acquired Money Transmitter Licenses (MTLs) in New York and Texas.
- The company now holds over 55 MTLs globally, with 33 in the United States.
- These licenses facilitate compliant cross-border payment services for financial institutions and crypto businesses.
- Ripple processed $70 billion in payment volume last year, doubling from the previous year.
- The company operates in over 90 markets, covering more than 90% of daily forex turnover.
Ripple’s acquisition of Money Transmitter Licenses in New York and Texas enhances its ability to provide efficient cross-border payment solutions, contributing to a global network that processed $70 billion last year.
Source (2.6)https://coingape.com/ripple-expands-us-footprint-with-new-licenses-in-new-york-and-texas/?rand=24432
