Ripple's Director of Business Development: Major Players to Adopt the Network in Near Future

Ripple Labs has been on a massive hiring spree, recently boosting their payroll to 30 employees:

We're a team of 30 now! Meet the latest additions to our tech team: http://t.co/9KJgsXcLX7 #ripple
— Chris Larsen (@chrislarsensf) November 6, 2013

Occasionally they'll use their blog to profile a new hire; this time it was Welly Scully, their new "Director of Business Development."

When answering the last question, "what do you think will be the tipping point for merchant adoption," he dropped this bomb:

"Once merchants realize that the network is secure and stable, and that the value proposition is viable, there will be a race to join the network.

The signal will be clear when the first major merchants go live on the network. Based on the response we have received so far from some of the largest actors in the ecosystem, this event will be around the corner."

Just who is Ripple Labs in discussion with? Sounds like we might find out soon... and it could be big.

Who do you think it could be, and when Welly refers to "actors in the ecosystem," is he talking about banks, or is he talking about merchants? Please comment below!

Posted in: adoption,ripple