Ripple aims to capture Europe's $200 trillion cross-border payments market after a meeting with Luxembourg's finance minister, advancing its bid for regulatory approval and regional expansion.
Despite XRP showing short-term bearish momentum, Ripple is positioning itself for growth in the European fintech landscape.
Luxembourg Finance Minister Gilles Roth recently met 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 ongoing commitment to fostering digital innovation.
Author's summary: Ripple targets Europe's market after Luxembourg talks.
The European cross-border payments market presents a significant opportunity for Ripple, with a value of $200 trillion.