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XRP News: Lawyer Says US-Canada Trade War Strengthens Ripple’s Position—Here’s Why

  • A renowned lawyer suggests that Canada's new prime minister, Mark Carney, could strengthen Ripple's position through national policies.
  • Carney had previously collaborated with Ripple as the governor of the Bank of England, working on initiatives to improve cross-border payments and reduce settlement risks.
  • Carney's interest in financial technology and cross-border payment solutions could potentially lead to increased adoption of Ripple's XRP and make it a strong competitor in the cross-border ecosystem.
  • However, XRP is currently struggling to hold its support level at $2, experiencing a decline in the last 24 hours and 7 days.

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