According to Odaily, cryptocurrency enthusiast Armando Pantoja has emphasized Ripple's ongoing expansion and suggested that Thailand might adopt XRP. Pantoja stated that BRICS nations seem to be interested in XRP. He shared a copy of a letter from Ripple to Thai authorities, indicating that this Asian country is the latest to negotiate with Ripple about adopting XRP.
Pantoja, a cryptocurrency investor, also highlighted that Thailand recently applied to join the BRICS nations and linked its potential connection with XRP to the BRICS nations. The shared letter emphasized Ripple's acknowledgment of the opportunity to comment on a discussion document for Thai banks.
Ripple pointed out that the document, titled 'The Future Path of Thailand's Retail Central Bank Digital Currency', represents an in-depth study and analysis of the Thai CBDC topic. This news comes as more countries are exploring the potential of digital currencies and blockchain technology for their financial systems.