Although you can’t tell from XRP price movements, there was big Ripple news yesterday: namely, that Ripple opened an office in Singapore.

If this doesn’t sound like much to you, perhaps I should add that Singapore is a major financial center in the Southeast Asia region. It is a small country, sure, but its impact on global trade and finance is HUGE. Every bank of consequence has a big office there.

Moreover, the government of Singapore is openly seeking new fintech and innovation. It could very well pose a threat to SWIFT, the leading settlement company in.

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Daily Ripple Price Forecast: XRP Establishes Foothold in Singapore