All things considered, Ripple had a pretty incredible year in 2020. In my 7+ years at Ripple, I remain insanely proud of what this team has achieved, and I’m bullish on where we’re going. Diving deeper specifically on RippleNet... 1/8 https://twitter.com/bgarlinghouse/status/1353801506592444416

We processed ~3M transactions on RN in 2020, and ODL is rapidly growing. ODL transactions accounted for $2.4B in notional value. We planted the RN flag in 18 new countries and signed 15 deals AFTER the SEC complaint was made public. 2/8

APAC is still our busiest region for customer demand and transaction growth. In India, we’re working with 3/5 of the biggest banks, and the MENA-India corridor (one of the biggest in the world for remittances) is rapidly growing - could be our largest soon! 3/8

Every customer and partner joins RN with the same base service and a crypto wallet - RN is designed to seamlessly upgrade and add new services when ready. We are evolving from strictly payments into a platform with tokenized services. 4/8

We purposefully built RippleNet to get FI’s comfortable with using a blockchain-based network for fiat transactions and when they’re ready - flip the switch for ODL, Line of Credit, and soon to come new products ;) 5/8

As RN evolves, so do the types of txns we process. We started with remittances because they have the highest friction. These still make up a majority of RN txns, but we’re continuing to expand further into B2B and e-commerce payments in 2021. 6/8

The world is becoming more digital - consumers expect convenience, low cost, secure and scalable services from their financial providers - whether traditional FI or nimble fintech. Our customers are delivering the next gen of financial solutions through RippleNet. 7/8

RN is enabling FIs to deliver solutions that were previously offered only by multinational banks w/out the cost and overhead of legacy systems. If you want to build the future of financial services, come join us! 8/8 https://ripple.com/company/careers/all-jobs