ChainCatcher reported that according to Coin Edition, cryptocurrency figure Armando Pantoja emphasized the continuous expansion of Ripple and pointed out that Thailand may adopt XRP.

According to Pantoja, the BRICS countries all seem to be interested in XRP. Pantoja shared a copy of Ripple’s letter to Thai authorities, noting that the Asian country is the latest to be in talks with Ripple about adopting XRP. The crypto investor also highlighted Thailand’s recent application to join the BRICS and linked its potential connection with XRP to the BRICS.

Meanwhile, the shared letter highlights Ripple’s acknowledgement of an opportunity to comment on a discussion paper from the Bank of Thailand. Ripple noted that the document, titled “The Future Path for Retail Central Bank Digital Currency in Thailand,” represents an in-depth study and analysis of the subject of CBDC in Thailand.