Ripple Eyes Expansion in China, Executive Says By Cryptovest

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Ripple Eyes Expansion in China, Executive Says

is looking at the Chinese market, as a potential target for further expansion. The company wants to spread its distributed ledger technology (DLT) to increase the speed of international transfers, Jeremy Light, Ripple’s vice president of EU strategic accounts, told CNBC on August 15.

“China is definitely a country and region of interest,” Light said.

Ripple differs from other projects as it aims to serve as a payment processing system, which may even work without the XRP token. In fact, the company wants a clear the two brands (Ripple and XRP) to be strictly distinct.

The firm has already partnered with quite a few banks and other payment institutions across th…

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