Rosie Rios, the 43rd Treasurer of the United States, shared her reasons for joining Ripple's board and expressed her support for the cryptocurrency XRP.
Reasons for Rosie Rios Joining Ripple
In the video attached to the tweet, Rios explained that she joined Ripple "specifically because of XRP," adding that "the government will follow this."
Blockchain, Government, and Enthusiasm for Innovation
Rios noted that blockchain and Bitcoin are here to stay, emphasizing that innovations often outpace regulatory frameworks. She recognized that government traditionally "follows, not leads."
Practical Use of XRP in Financial Transactions
Rios underscored that XRP is used by serious financial players and serves a "function that facilitates cross-border payments," offering faster and more cost-effective solutions.
Leveraging her experience as U.S. Treasurer, Rosie Rios frames XRP as a pivotal component in the transformation of the financial system, highlighting the importance of institutional adoption and regulatory engagement.
