Ripple Strengthens Global Expansion With New Crypto and Payments Licenses
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As part of its global regulatory strategy, Ripple has been rapidly expanding its licensing footprint across major financial hubs. Over the past year, the company secured payment licenses in Singapore, the United Arab Emirates, and the United Kingdom, while also gaining conditional approval for a national trust banking charter in the United States.
The firm has also expanded its ecosystem through acquisitions designed to boost adoption of XRP and its Ripple USD stablecoin. One notable move was acquiring Hidden Road, now rebranded as Ripple Prime, making Ripple the first crypto-native company to operate a multi-asset prime brokerage serving institutional clients across digital assets, derivatives, and foreign exchange markets.