Ripple survey: Crypto can enable faster transactions, say 97% payment firms

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Ripple survey: Crypto can enable faster transactions, say 97% payment firms
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According to a Ripple survey, 97% of payment firms believed in cryptocurrency’s power to enable faster payments. Crypto companies are leaving the United States due to a lack of clarity on regulatory measures. Blockchain-based digital payment network Ripple and the payment organization Faster Payments Council (FPC) released a report on the opportunities of crypto-enabled payments. […]

According to a Ripple survey, 97% of payment firms believed in cryptocurrency’s power to enable faster payments.Blockchain-based digital payment network Ripple and the payment organization Faster Payments Council released aAccording to survey results, 97% of respondents believed that cryptocurrency and blockchain technology would play an important role in enabling faster payments over the next three years.

The report further suggested that despite 52% of respondents considering crypto use for payments, only 17% supported crypto-enabled payments at the time.

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