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Ripple's GTreasury Aims to Revolutionize Global Settlement with XRP Ledger

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Ripple is pushing to modernize global settlement with GTreasury, a $100 million acquisition leveraging the XRP Ledger to slash settlement times to seconds and cut costs by 60-90%. Reece Merrick, Ripple’s Middle East and Africa CEO, criticized legacy cross-border systems for being slow and opaque. The firm is expanding in South Africa and promoting RLUSD as a regulated stablecoin. Ripple’s efforts align with Countering the Financing of Terrorism protocols and aim to boost liquidity and crypto markets efficiency.
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