Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Ripple’s VP of Corporate Strategy and Operations, Emi Yoshikawa, has shared the recent visit of Japan’s Fukuoka city Mayor, Soichiro Takashima, to the Ripple headquarters.
We welcomed Fukuoka City Mayor Soichiro Takashima and his team at @Ripple HQ today! Fukuoka is a leading city in #Web3 initiatives in Japan 🇯🇵.
本日、福岡市の高島市長と国際部門等の方々がRipple本社を訪問くださいました!Web3に積極的に取り組んでいる福岡市、大変期待しています。👏 pic.twitter.com/IMlrwY7JTY
The Ripple top exec shared a picture alongside the tweet that reads, “We welcomed Fukuoka City Mayor Soichiro Takashima and his team at Ripple HQ today! Fukuoka is a leading city in web3 initiatives in Japan. Today, Mayor Takashima of Fukuoka City and people from the international department visited Ripple’s headquarters! I have high hopes for Fukuoka City, which is actively working on Web3.”
Such a high-profile visit was also reported in May, as Ripple CEO Brad Garlinghouse met with Georgia’s Prime Minister Irakli Garibashvili and Vice Prime Minister Levan Davitashvili during his visit to Davos.
Asia-Pacific (APAC) remains one of the fastest-growing regions for Ripple, with transactions up 130% year-over-year. The uptake of RippleNet’s On-Demand Liquidity (ODL) service in the APAC and MENA regions has surged in response to increased demand for quick settlements and immediate access to funds.
In July 2021, Ripple launched its first On-Demand Liquidity (ODL) service implementation in Japan, setting the stage to drive more adoption of crypto-enabled services in the region. In a historic move, Ripple partner SBI Remit, the largest money transfer provider in Japan, teamed up with Coins.ph and SBI VC Trade to transform remittance payments from Japan to the Philippines using on-demand liquidity.
Ripple’s stretch in the Asia Pacific has since expanded. During the week, Ripple announced the launch of a new joint project with SBI Remit to streamline Japan-Thailand money transfers. Here, SBI Remit will allow Thais living in Japan to instantly send money back home using RippleNet.
Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
Disclaimer: Any financial and market information given on U.Today is written for informational purpose only. Conduct your own research by contacting financial experts before making any investment decisions.