Ripple Prepares to Expand Payments Business in US ...Middle East

Ripple says it’s planning to expand its payments business in the U.S. Right now, 90% of the blockchain company’s business is based outside the U.S., Ripple senior director and head of product marketing, W. Oliver Segovia, said on LinkedIn last week. “After being relatively quiet for the past 3 years in the US for Ripple Payments, we’re geared up to announce new product updates powered by our money transmitter licenses (MTLs) that cover the majority of US states,” Segovia wrote. To launch this effort, Ripple is hosting an event Wednesday (Feb. 7) at its new headquarters in San Francisco featuring representatives from payments firms such as Adyen, Marqeta and Plaid to discuss the company’s “

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