The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Ripple Exploring Entry Into Global Micropayments Industry

by Daily Hodl Staff
September 11, 2019
in Ripple and XRP

Ripple is taking a hard look at how it can expand its reach beyond the cross-border payments industry.

The company’s senior vice president of product management, Asheesh Birla, told the Change the Wave podcast the company is exploring how it could play a direct role in the emerging world of micropayments.

“As a product person, I’m thinking about what’s next. And so while we think about payments as the initial use case for Ripple, I’m thinking about what other cool products can you build that we can take back to our customers – one of them being microloans.

So if you go into parts of the emerging world, a $10 loan is a big deal. It’s called a microloan. I think you could do that blockchain in a way that you couldn’t do [with other technology].”

Birla didn’t mention whether XRP might be involved in a Ripple-led micropayments platform.

Last month, the company revealed it will invest 1 billion XRP in Coil, a web content monetization platform designed to give people a way to reward content creators in XRP as well as other crypto and fiat assets.

Birla says Ripple’s diverse group of employees is pushing the company to think outside of its headquarters in the San Francisco Bay Area and beyond the borders of the US.

“We started hiring people with other kinds of backgrounds. We started hiring folks that were raised in places outside of the United States. Folks from Thailand, from Mexico, from Brazil, parts of Africa as well. And you know what? We unlocked something that we never would have unlocked before. That the problem wasn’t in the United States.

The problem with global cross-border payments was actually acute in places like Latin America and a lot of the emerging markets around the world. We would never have guessed that having grown up in the United States. It took diversity. It took their perspective. That changed the course of Ripple. Our hottest markets are outside of the US. They’re in Africa, they’re in the Middle East, they’re in Southeast Asia and they’re in Latin America. And it’s diverse perspectives that pushed us into that area.”

According to Birla, he’s also interested in launching a new Ripple office in another US city, partly to open the doors to new talent.

“I have a strong passion for bringing more kinds of diverse talent into Ripple. One thing that I’m focused on is [whether] there is an opportunity to open up another development center for Ripple in another part of America that we can bring job opportunities to and also tap into a resource that’s not fully exhausted like the Bay Area’s engineering talent.”

You can check out the full interview here.

[the_ad id="42537"] [the_ad id="42536"]
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Binance Alpha Is Changing the Web 3.0 Game
    May 16, 2025
  • NEXPACE Launches MapleStory N and NXPC Token, Charting a New Chapter for MapleStory Universe
    May 15, 2025
  • GSR Invests in Maverix Securities To Support the Launch of Regulated Digital Asset Structured Products
    May 15, 2025
  • Sportsbet.io Launches One Million USDT Giveaway To Mark Champions League Finale
    May 15, 2025
  • Whale.io Accelerating Towards TGE – Unveils ‘Wager and Earn’ Campaign and Launches WHALE Token Conversion
    May 14, 2025
  • Edgen Launches ‘AI Super App,’ Democratizing Institutional-Grade Crypto Market Intelligence
    May 14, 2025
  • BC.GAME Unveils New Logo, Strengthens Crypto Integration in iGaming Ecosystem
    May 14, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$105,480.26
$105,480.26
2.52%
Ethereum
$2,569.73
$2,569.73
4.41%
BNB
$652.53
$652.53
2.39%
Solana
$175.75
$175.75
6.24%
XRP
$2.44
$2.44
5.24%

Spotlight

  • Crypto Analyst Says 2025 Will Be the Year Bitcoin Hits Bull Market Peak, Unveils Upside Price Targets for BTC
    May 11, 2025
  • Eight Arrested in Multi-State Bank Fraud Conspiracy That Caused Over $1,500,000 in Losses: DOJ
    May 11, 2025
  • Asset Management Giant BlackRock Held Meeting With SEC To Discuss Crypto Staking, Tokenization and More
    May 11, 2025
  • Brian Armstrong Says Coinbase Considered Putting 80% of Balance Sheet to Crypto, but Decided Against It: Report
    May 11, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl