Ripple VP predicts 2024 crypto boom in APAC

Ripple Foundation has started a new initiative to share crypto predictions for 2024. The network will be sharing insights from 12 leaders to predict the blockchain and crypto future in the upcoming 12 months.

The initiative kicked off with Fiona Murray, Ripple’s VP and Managing Director in APAC. According to Murray, Ripple will see a hike in the number of institutional adopters. Numerous financial institutions, especially in APAC, will accept cryptocurrency by 2024.

It will include the greater use of cross-border payments among corporations. Leading legacy payment institutions and Web2 brands have started investing in blockchain. The ventures are integrating blockchain technology into their services.

Almost 50% of APAC finance leaders are expecting blockchain technology to significantly impact businesses in the coming 3 years. Murray continued to talk about the recurring theme in the APAC region.

The VP has noticed how more nations are launching new regulator-led pilot programs and projects to integrate blockchain technology. In 2023 alone, Hong Kong and Singapore took center stage in setting examples of adopting blockchain innovation.

The nations have effectively positioned themselves as global crypto hubs, added Murray. Now that Ripple’s win against the SEC, the network is ready to lead other ventures by example. After Fiona Murray, Andrew Whitworth, the Policy Director of Ripple in EMEA, will talk about crypto predictions in 2024.

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Whitworth will be the Ripple leader for this week, after which the network will release 10 more predictions. Given the stature XRP and Ripple have built in the market, these predictions are a great source of insight for crypto traders. XRP is currently priced at 0,6115 dollars, with 0.27% market growth in the past month. If the predictions are met, the coin will exceed these values in days.

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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