Rosie Rios, the 43rd Treasurer of the United States, has confirmed her support for Ripple and XRP, identifying them as key elements in the future of global finance. In her statements, she emphasized XRP's real financial utility.
Support from Rosie Rios for Ripple and XRP
Rosie Rios has confirmed her intentions to join Ripple's board, stating that her decision is based on XRP's crucial financial function. She noted that XRP is actively used by financial institutions for transactions, making it an essential tool for international payments. According to her, XRP allows for significant reductions in the time and costs associated with transfers.
Growing Institutional Support
Rios also highlighted that the financial sector is actively adopting blockchain-based solutions, with XRP finding application in this realm. She pointed out the slow pace of regulatory adoption and attributed this to a lack of expertise within government institutions. However, she expressed confidence that the current administration is taking steps to bridge this gap by forming specialized task forces. This creates a visible shift as regulatory frameworks have started to adapt to the pace of innovation.
Regulatory Outlook
Rios suggests that significant regulatory changes may occur in the coming months. She noted the potential for more specialists to expedite the process. Rios's comments are timely, given the XRP community's anticipation of improved regulatory clarity.
Rosie Rios's support draws attention to XRP as an important component driving the transformation of international finance. With her experience in U.S. financial leadership, her statements add weight to the arguments advocating for XRP as a necessary tool for future financial systems.
