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Crypto News

Restore the brand with a renewed focus on the Internet of value

Ripple has announced a task reintestination, align its identity with the Internet of value. The XRP source is looking to develop a new identity for the changing organizational brand in the United States.

This strategic transformation affects its products and location on the Internet and the presence of social media, which represents a new stage in its development.

Ripple reclassified with the new brand concentration

On February 14, Ripple announced the rename of the brand through a post on X, with an emphasis on its commitment to the Internet of value and global financial innovation. The company stated that it enters a new stage aimed at transforming how the value moves around the world.

“We are building the next chapter with the vision that continues to lead – the Internet of value and transform the way in which the value moves all over the world,” the company I mentioned.

The central side of the brand is to provide revised products offers. According to WebsiteThe platform simplified its services to focus on the cross -border payments, nurseries, and Stablecoins.

These changes meet the increasing market requirements and develop financial technology trends. The Ripple, which was built on Professor XRP book, facilitates unlike international transactions. Users can transfer money across the border using various FIAT and Crypto assets.

This week, Ripple strengthened its payment integrity through a partnership with Unicâmbio, the Portuguese currency exchange provider. Cooperation allows immediate transfers of money between Portugal and Brazil, while taking advantage of the company’s Blockchar’s payment solutions.

After taking possession of the standard nursery last year, Ripple also expanded to nursery of digital assets. This allows Ripple to provide safe asset storage services for banks and Fintech companies.

The company noted that the nursery market represents great growth potential, estimated at 20 trillion dollars, due to the high institutional interest in digital assets.

Another major update is the Ripple’s Foray in Stablecoins, which was characterized by the release of Ripple USD (RLUSD). This origin, which was presented in December, reached the market value of about $ 108.6 million.

Ripple Rlusd Stablecoin Market Cap since launch. source: Coingecko

According to CCDATA, assets have already recorded more than $ 3 trillion in trading volume within a month of launch.

Meanwhile, Reply’s Rebrand comes with a large website update. XRP Lawyer Wrathofkahneman Indicate It is mentioned that the Central Digital Bank currencies (CBDCS) have been removed.

The company previously participated in the CBDC Pilots in Palau and even launched the CBDC platform in 2023. The removal indicates a potential shift in focus, as it is possible that the efforts it faces in the efforts it faces on government -backed digital currencies.

Disintegration

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