Ripple’s chief marketing strategist Cory Johnson says the firm is enjoying enhanced adoption and more real-world use cases following its newly released product powered by XRP, xRapid.
During a new interview with Cointelegraph, Johnson said that payment channels between the US, Mexico, and Philipines are just one important example of Ripple’s evolution and increased adoption.
“We just made some announcements around some partners who are already trading in XRP in the US, in Mexico, the Philippines,” he noted.
Johnson continued and explained that “Now, India and China have banned the use of crypto in most cases. But in Mexico and the Philippines, those are countries where there’s a lot of remittance payments going out of other countries and into Mexico and the Philippines, and there’s a lot of trade in XRP. So I think we’re going to see a lot of adoption of our products in those countries – we already see that.”