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Ripple, Stellar, and IOTA Poised to Tap Trillion-Dollar Market for Low-Value Cross-Border Payments

The US Federal Reserve is yet to make a move towards the upcoming ISO 2022 Regulation, but Ripple, Stellar, and IOTA are already on their way to dominate the trillion-dollar market for low-value cross-border payments. These payments are crucial for global financial inclusion and commercial aspects. Global collaboration can prioritize financial inclusiveness and introduce reliability, efficiency, and higher speed for low-value cross-border transitions.

Ripple, IOTA, and Stellar have the lead in the segment, with RippleNet having the potential to make the best of a global financial network by connecting to one standardized API. Other players like ALGO, XDC, and MIOTA are also planning to move in that direction. Stellar could be in a tighter spot than Ripple, but it is estimated to capture most of the market by the time others make it to the entrance.

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