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XRP and Ripple Positioned as Core Tech for G20 Cross-Border Payment Targets, Report Shows

  • Ripple's blockchain and XRP are being recognized as tools to meet 2027 and 2030 G20 cross-border payment targets, positioned favorably due to speed, low fees, and liquidity.
  • G20 aims for improving world financial flows by accelerating settlement times, widening access, enhancing clarity, and reducing costs, with Ripple's cross-border network and XRP identified as potential instruments to achieve these objectives.
  • Ripple's strategy focuses on low-cost real-time settlement using blockchain and XRP, aligning with G20 targets of lowering transaction fees, increasing settlement speed, and expanding cross-border transaction availability in various sectors.
  • With a $34 trillion market in sight for blockchain-powered payment systems, Ripple stands poised to contribute significantly to G20's broader economic outcomes through payment reform by providing real-time settlement, cost savings, and liquidity with XRP.

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