Ripple continues to strengthen its position in institutional blockchain use, targeting partnerships with major financial institutions and educational organizations.
Ripple's Institutional Focus
Recently, Jake Claver has noted that Ripple focuses on institutional and government clients rather than retail investors. The company is developing its On-Demand Liquidity (ODL) service and working on new solutions like RLUSD—a stablecoin for institutional clients.
David Schwartz Praises Starlink
Ripple’s CTO, David Schwartz, expressed appreciation for Elon Musk’s Starlink project for its efforts to improve global internet connectivity. This highlighted mutual respect between leaders in the blockchain and tech spheres. While Schwartz acknowledged Starlink's successes, Ripple continues to develop DeFi applications on the XRP Ledger.
Ripple Partners with Yonsei University
Ripple has announced a new partnership with Yonsei University as part of its University Blockchain Research Initiative (UBRI). This collaboration aims to explore AI, finance, information systems, and blockchain management, as well as to launch an XRP Ledger validator.
Ripple continues to focus on institutional clients and is strengthening its positions in academic circles, contributing to the promotion of blockchain technologies globally.
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