Uphold, a digital payment platform, is placing a large bet on Ripple's XRP, with CEO JP Thieriot predicting significant institutional interest in the cryptocurrency. Thieriot emphasized the importance of recent developments, particularly the resolution of Ripple's legal battle with the SEC, which declared XRP as not a security. Uphold sees this as an opportunity to expand its services and cater to the growing demand for digital assets. The potential for institutional involvement is also increasing following the Ripple lawsuit verdict, with traditional financial institutions in Europe and the UK showing interest in offering digital assets.
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