Ripple is eyeing Europe's $200 trillion cross-border payments market after meeting with Luxembourg's finance minister, advancing its bid for regulatory approval and regional expansion.
Despite XRP's short-term bearish momentum, Ripple is positioning itself to capture the European payments opportunity.
Luxembourg Finance Minister Gilles Roth recently held a meeting 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.
The meeting signals a deepening partnership between Ripple and Luxembourg, a nation at the forefront of digital finance innovation.
Author's summary: Ripple targets Europe's market after Luxembourg talks.