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The Ripple ecosystem has been experiencing significant growth, achieving new milestones in its expansion into different geographies and industries.

The cryptocurrency payments network may have had one of its best years yet in 2024 as reports suggest U.S. banks may be preparing to integrate XRP into international payments.
Ripple will disrupt the international payment industry
Cryptocurrency enthusiast and popular influencer Ben Armstrong posted a YouTube video last week announcing that the United States has adopted XRP for international payments. Armstrong calls this potential development “the biggest catalyst for growth in XRP’s price potential.”

As the limitations of traditional financial models become increasingly prominent, the BRICS countries are actively exploring how to use cryptocurrency, an emerging tool, to build a new international payment order that is more diversified and decentralized.
Faced with the changing landscape of the global financial market, the BRICS countries (Brazil, Russia, India, China and South Africa) are seeking to introduce a new payment system to reduce their reliance on the Western-dominated SWIFT payment network. This move indicates that the BRICS countries are seeking greater autonomy and voice in the global financial system.