Ripple officially partners with the WEF, according to the website of the international NGO. Previously, the organization said Ripple provides the value of what the internet did for information.
WEF finds that Ripple is committed to monetary parity and efficiency. Previously, Ripple Chief Executive Officer Brad Garlinghouse spoke at The WEF Meeting 2022 about various issues, including the current status of cryptocurrency regulations in the US.
A number of banks and other financial institutions have formed partnerships with Ripple to use the company's technology for fast international payments. Among these entities are cross-border payments solution Tranglo, Tokyo-based SBI Asia, the National Bank of Australia, and others.