Ripple has entered 2025 with a series of notable achievements, including securing over 50 Money Transmitter Licenses (MTLs) across the United States. These licenses, obtained in key states like Texas and New York, enable Ripple to provide compliant, end-to-end payment solutions for financial institutions and crypto businesses.

According to Ripple’s statement, these approvals are part of a broader effort to expand access to seamless, real-time global payments as the adoption of blockchain technology continues to grow.

Global Licensing Portfolio and Regulatory Reach

Globally, Ripple now holds over 60 licenses, including a NY BitLicense, a Major Payment Institution License from Singapore, and Virtual Asset Service Provider registrations in Ireland and the Cayman Islands.

However, In the statement, the company highlighted the Increasing demand for its payment solutions in states like Texas and New York, which are known for their rigorous regulatory frameworks.

Expansion of Payments Network and Client Base

According to the company, Ripple’s payments network has grown significantly, processing $70 billion in payment volume across 90+ markets last year. This surge in activity helped Ripple double its payments business in 2024 and onboard several North American clients, including Bancoli, CambioReal, GeoSwift, and AgilityFx.

Furthermore, the company is also preparing to integrate its USD-backed stablecoin, Ripple USD (RLUSD), into its payment infrastructure later this year, further strengthening its offerings.

Evolving Regulatory Landscape in the U.S.

Ripple noted that the regulatory environment for digital assets in the U.S. is improving. The Securities and Exchange Commission (SEC) recently rescinded SAB 121, a policy that would have imposed restrictive requirements on banks offering digital asset custody services. Ripple views this decision, along with increasing bipartisan support for blockchain innovation, as a sign of growing confidence in the technology’s potential.

Increased U.S. Operations and Workforce

Ripple is also expanding its operations in the U.S., doubling domestic hiring compared to 2023. Around 75% of the company’s current job openings are based in the United States, and new offices in San Francisco and New York reflect its growing presence. According to Ripple’s statement, the company is optimistic about the future and sees public-private collaboration and real-world applications of blockchain as critical to driving further progress in the financial industry.