Ripple is eyeing Europe's $200 trillion cross-border payments market after a 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 high-level meeting with Ripple, underscoring the company's push to secure a license to operate in the country.
The meeting centered on Ripple's strategic objectives and Luxembourg's ongoing commitment to fostering digital innovation.
The discussions highlighted Ripple's ambitions across Europe and Luxembourg, signaling a deepening partnership between one of the world's leading blockchain firms and a nation at the forefront of digital finance innovation.
Ripple targets European market expansion.