Ripple and the US Faster Payments Council collaborated on a report surveying 300 payment leaders across 45 different countries. It was predicted that global cross-border payments will hit $156 trillion by 2030.
The survey highlighted that 97% of those leaders firmly believe that blockchain technology will play a crucial role in facilitating faster payment systems within the three years.
Ripple and US Faster Payments Council report: 'Transforming the way money moves' report. Source: Ripple Meanwhile, leaders in the APAC region were the least confident, with only 13% believing in the same timeframe. However, across all 300 surveyed leaders worldwide, 17% expressed their belief that such adoption could happen within the next year.
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