Ripple is set to transform global settlement processes through its $100 million acquisition of GTreasury, utilizing the XRP Ledger to significantly reduce settlement times and costs. The initiative aims to cut settlement times to mere seconds and reduce costs by 60-90%. Reece Merrick, Ripple’s CEO for the Middle East and Africa, highlighted the inefficiencies of traditional cross-border systems, describing them as slow and opaque. Ripple is also expanding its presence in South Africa and promoting RLUSD, a regulated stablecoin, as part of its strategy. These efforts are in line with Countering the Financing of Terrorism protocols, aiming to enhance liquidity and efficiency in crypto markets.