🔥🔥🔥 #ripple Predicts a Major #US Retailer to Accept Crypto in 2024

The Vice President of Global Policy at Ripple has made a bold prediction, foreseeing that a major U.S. retailer will embrace #cryptocurrency payments by the end of the upcoming year. Amidst a largely #bullish sentiment in the crypto market as the new year approaches, 2024 is being hailed by many as the year cryptocurrencies achieve mainstream adoption, especially with the impending launch of the first set of spot Bitcoin ETFs.

Rob Grant, Ripple's Vice President of Global Policy, shares the prevailing optimism & has outlined some bold forecasts for the cryptocurrency industry in the coming year. One significant prediction is the expectation that a leading U.S. retailer will integrate crypto payments for its customers.

Should this prediction materialize, it would signify a pivotal step in the wider acceptance of cryptocurrencies & pave the way for them to fulfill their primary purpose in facilitating payments, a function somewhat overshadowed by their speculative appeal.

Notably, Rob Grant did not specify which major U.S. retailers he envisions leading this adoption of crypto payments. Additionally, he did not elaborate on whether Ripple-backed XRP would be involved or if Ripple is actively pursuing partnerships in this regard.

However, given that Ripple's primary product focuses on facilitating global payments with XRP, there is a possibility that such widespread adoption may involve $XRP , potentially contributing to a more mainstream perception of the cryptocurrency.

Looking beyond native cryptocurrencies, Grant also predicts the emergence of central bank-backed digital currencies (CBDCs) in 2024. While several central banks worldwide are experimenting with this technology, Grant anticipates that a G7 country, such as the United States, United Kingdom, Canada, Italy, France, Germany, Japan, or the EU, will introduce a #CBDC . According to Grant, this move would mark the beginning of a "new age of government-backed currencies," further shaping the future of digital financial ecosystems.