Fiona Murray, Managing Director for Asia Pacific at Ripple, has revealed that Singapore handles more than 50% of Ripple’s digital asset payment flows. Murray emphasized the growing significance of Singapore as a hub for Ripple’s cross-border payment services. Murray noted that Singapore’s stable and transparent regulatory environment and willingness to engage with Web3 companies have been key factors in Ripple’s decision to scale its operations there. She stated that the U.S. does not play a substantial role in these operations due to regulatory uncertainty
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