Bank of America is in talks to integrate XRP technology, which could revolutionize their international wire payments and give them a competitive edge in the industry, but adoption is pending resolution of ongoing litigation with the SEC and regulatory clarity.
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✩ CHAPTERS ✩
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00:00 Bank of America predicts global use of XRP by 2025 due to its superior capabilities, but adoption is pending resolution of ongoing litigation with the SEC.
01:35 Bank of America is in talks to integrate XRP technology, which could revolutionize their international wire payments and give them a competitive edge in the industry.
03:04 XRP’s potential price could exceed $10 per token overnight due to a partnership with Bank of America, and the CEO discusses the future of the crypto industry and cross-border payments.
03:35 Trillions of dollars move digitally daily, with 55-60% of consumers already using digital payments, and BOA has hundreds of blockchain patents.
04:00 BOA CEO believes that everyone will use XRP globally, but the company is not allowed to engage in cryptocurrency trading due to regulations.
04:47 Bank of America CEO wants to integrate Ripple’s technology, but regulators are preventing it, so it’s up to the community to pressure regulators to allow it.
05:59 Bank of America and other international banks are ready to use Ripple’s technology, pending regulatory clarity, which will lead to global adoption and a significant increase in the price of XRP.
07:11 XRP Army is working to make global XRP usage a reality, urging viewers to support the mission and join the community.
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