Ripple secures silver issuer licenses in New York and Texas, expanding US operations

Digital Asset Infrastructure Company Ripple has announced the security of monetary issuer (MTLS) licenses in New York and Texas.

With these new licenses, Ripple now contains more than 50 MTL. Texas and New York have strict regulatory executives and high compliance standards.

Ripple MTL expansion

According to the official press release, Ripple Payments monetary issuer licenses allow customers to use a compliant version of its cross-border payment platform, the Blockchain company managing all transaction processes from start to finish .

Commenting on the development, the director general of Ripple of North America, Joanie Xie, said,

“We continue to see more interest from financial institutions to cryptography companies wishing to unlock the advantages of crypto and blockchain for faster, economical and 24/7 cross -border payments. With years of experience in crypto work and with financial institutions, Ripple is well placed to support companies ready to take advantage of the current landscape. »»

Until now, Ripple Payments has supported $ 70 billion in payment volume, guaranteeing service 24/7 and the world range on more than 90 markets. The company also said that ripple payments had covered more than 90% of daily exchange activity. Last year, the company saw a double increase and welcomed several new customers from North America.

Trump effect on Ripple

Ripple now redirects its objective towards domestic opportunities after the presidential victory of Donald Trump in November 2024. Citing the “Trump” effect, the company had previously revealed that it extends its operations in the United States by focusing on domestic recruitment , with around 75% of 75% of around 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of the 75% of 75% of the 75% of 75% of the 75% % of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% of 75% Of the 75% of 75% of its current job offers based in the country and the hiring rates of doubling compared to 2023. In addition, Ripple created two largest offices in San Francisco and New York.

This contrasts with the last four years when most of the Ripple recruitment has been targeted abroad due to the regulatory pressures of the Securities Commission and the exchange led by Gary Gensler (SEC); The company is now focusing on domestic opportunities after being faced with constraints on its US commercial operations.