Analysis: Ripple valuation reaches $ 10 billion, next year's trading volume may increase by more than 600%

According to recent foreign media news, Ripple's recent valuation has reached $ 10 billion, and the company will work to establish more partnerships with Brazilian banks in the coming year. Ripple CEO Brad Garlinghouse said he expects the company's customer base to grow by 30-40% and transaction volume to grow by more than 600% by 2020. Ripple's current global payment network, RippleNet, has more than 300 customers, and "over 24" of these more than 300 customers use the company's XRP-based on-demand liquidity solution.