Ripple’s international expansion may have been put on hold recently, whilst they battle the courts in the United States, this however doesn’t mean that their international expansion isn’t still a project on the horizon for the company. Ripple want to make the world a smaller place, through making international payments simple. In order to do this, they need to gain traction in every country, even anti-crypto countries such as China.
Jeremy Light, the Vice President of European Strategic Accounts at Ripple has allegedly reported in an interview that China especially, is still a target for Ripple, Light is alleged to have told CNBC:
“China is definitely of interest, it is definitely a target.