Ripple says it’s planning to expand its payments business in the U.S. Right now, 90% of the blockchain company’s business is based outside the U.S., Ripple senior director and head of product marketing, W. Oliver Segovia, said. After being relatively quiet for the past 3 years in the US for Ripple Payments, we’re geared up to announce new product updates powered by our money transmitter licenses that cover the majority of US states. To launch this effort, Ripple is hosting an event Wednesday (Feb. 7) at its new headquarters in San Francisco featuring representatives from payments firms such as Adyen, Marqeta, and Plaid to discuss the company’s “blockchain and payments outlook.” Segovia’s announcement comes weeks after Ripple announced it had updated its crypto-enabled cross-border payments solution. The newly enhanced Ripple Payments, formerly known as RippleNet, lets businesses leverage the blockchain easily for quicker, cheaper, and more efficient cross-border payments.