Mastercard has officially recognized XRP as a bridge currency for international payments, representing a significant development for Ripple.
Mastercard praises XRP for its cost-effective and efficient facilitation of global money transfers, showcasing its potential in the financial sector.
XRP's capability to meet the core requirements for facilitating international transactions, as outlined by the Bank for International Settlements, further strengthens its position.
The growing popularity of XRP in Latin America, alongside potential approval of a spot XRP ETF, indicates a positive outlook for its future development and investor trust.