Yoshitaka Kitao, the head of SBI Group, a Japanese financial services company, has shown support for Ripple and shared a press release regarding the future of Ripple Payments. With the change in political leadership in the US, the crypto community anticipates significant developments in the industry over the next four years. Ripple has obtained 50 Money Transmitter Licenses in New York and Texas, catering to the high demand for real-time international payments. The company also launched its own stablecoin, Ripple USD (RLUSD), to meet the increased demand for stablecoins. Ripple continues to expand its licenses and product range, with a focus on the US market.



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