Bank of America Adopts Ripple Technology for Internal Transactions, Analyst Reveals on FOX Business

In a recent debate on the future of technology on FOX Business, David Stryzewski highlighted the growing influence of cryptocurrencies on the global economic landscape, especially with Bitcoin surpassing the historic $100.000 mark. However, attention is now turning to Ripple’s XRP, which promises to be one of the pillars of future financial systems.

According to the enthusiast and industry expert, the current political environment in the United States, considered the most favorable to cryptocurrencies to date, together with a Congress that has 60% pro-crypto members, is defining this period as crucial for the advancement of digital currencies. “This is the GPT chat moment for crypto, where we are advancing to the next level,” he explained.

Specifically regarding Ripple, the expert highlights that, despite the regulatory challenges faced — such as the SEC investigation —, the cryptocurrency is positioning itself as an essential infrastructure for future transactions. “Ripple was the second largest currency before the SEC investigation and is preparing to be the path through which everything will run in the future,” he said.

Furthermore, Ripple’s role extends beyond expectations, with the creation of its own stablecoin and a significant partnership with Bank of America, which conducts all of its internal transactions using this technology. The company also holds 83 patents that promise to revolutionize financial transactions.

David Stryzewski @DavidStryzewski talks Ripple and XRP on Fox Business. 👇😎 pic.twitter.com/mvfSQnHVJK

— James Rule XRP 👊😎 (@RuleXRP) January 10, 2025