Here’s what Ripple’s CEO has to say about possible support for NFTs

During a recent edition of the ‘Collision’ conference, Brad Garlinghouse, CEO of Ripple Labs, made his bullish position on cryptos evident and pointed out three key takeaways that encapsulated what is next in store for the world of digital assets. These primarily revolved around global partnerships, NFTs, and CBDCs.

With regulators in Singapore and Thailand classifying XRP as a digital asset, South Asian markets have gradually emerged to become the token’s central hub. Given the fact that almost all of XRP’s investors are non-U.S based, Garlinghouse highlighted the cruciality of cross-border payments.

In fact, he went on to shed light on how remittances are an expensive payment mechanism and are prone to high friction. Garlinghouse, however, added that Ripple is partnering with its customers to make the same much more efficient