Ripple Expands U.S. Presence with Key Licenses

Ripple has secured Money Transmitter Licenses in New York and Texas, expanding its U.S. presence as part of broader efforts under a more crypto-friendly regulatory landscape.

These licenses allow Ripple to offer its licensed cross-border payment solutions, responding to growing demand from financial institutions and crypto businesses.

With over 55 global MTLs, Ripple continues to strengthen its regulatory footprint, holding key approvals in regions like Singapore, Ireland, and Dubai.

The expansion aligns with shifting U.S. policies under the Trump administration, including the SEC’s recent move to allow banks to custody digital assets.

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Ripple anticipates this regulatory shift will accelerate crypto adoption. However, the company still faces legal uncertainties due to the SEC’s ongoing lawsuit over XRP, despite partial legal victories in 2023.

Ripple reported $70 billion in payment volume across 90 markets last year, with its payments business doubling and new U.S. clients joining its network. The launch of its RLUSD stablecoin, approved in New York, further cements Ripple’s position as a leader in digital payments. With 75% of new roles now U.S.-based, Ripple is ramping up domestic operations, signaling confidence in the evolving crypto landscape.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.