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Cryptocurrency News Ripple

SBI Becomes RippleNet’s Leading Remittance Partner

Japanese remittance service SBI, has become Ripple’s primary partner to launch an xCurrent-backed remittance app named MoneyTap. SBI & Ripple will provide remittance services to Thailand, Vietnam, and other nations using a consortium of partner banks and Ripple’s xCurrent Distributed Ledger technology (DLT). SBI Holdings, Inc. Financial Results January 31, 2020 “SBI Remit’s transaction volume Read more…

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Blockchain Cryptocurrency News Ripple

US Congress Mentions XRP and Ripple During Tech Discussion

The US congress had a hearing about non-cash payment technologies yesterday. During the discussion, Tom Emmer, the Chair of the National Republican Congressional Committee, mentioned Ripple (XRP) among several other cryptocurrencies. Ripple Fans Get Excited [embedded content] US representative Tom Emmer of Minnesota’s 6th District addressed a panel of payments industry leaders yesterday at the Read more…

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Cryptocurrency News Ripple

Ripple Vs. PayPal Supporters Spark Debate on Twitter

Twitter community members are arguing about which international payment system is better – Ripple or PayPal. Is Ripple Slower than PayPal? The argument started with a tweet from Tony Vays, a derivatives traders and host of a crypto-related podcast and dedicated events. He indirectly criticized Ripple for being too slow by comparing it to PayPal, Read more…

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Altcoin Cryptocurrency News Ripple

Ripple-backed InstaReM to roll out cross-border transactions by collaborating with Thailand’s Kasikornbank

Ripple-backed InstaReM, the cross-border payments company, has been making headlines consistently. Just a couple of months back, its CEO Prajit Nanu had announced plans of advancing financial inclusion by improving remittance methods. InstaReM had also recently closed a Series C funding round which raised $41 million, which saw support from the likes of Beacon Venture Read more…

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Crypto Analysis Cryptocurrency News Ripple

Ripple’s xCurrent is kind of SWIFT 2.0, says CEO Brad Garlinghouse

On the back of the most successful week for XRP, the second largest altcoin in the market has broken, what could be equated to the first inkling of the Bitcoin [BTC] bull run. Following Coinbase’s greenlight to its New York customer to engage in XRP trading, the altcoin shattered its 200-day moving average. Bitcoin, prior Read more…

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Cryptocurrency News Market Ripple

Ripple CEO to Critics After Obtaining 200 Clients: Banks Will Use XRP

On January 9, CCN reported that 13 financial institutions have started to utilize the Ripple blockchain through RippleNet, bringing the total number of banks in the Ripple ecosystem to 200. Fintech applications and banks in the likes of Euro Exim Bank, SendFriend, and JNFX have integrated RippleNet for liquidity and instant settlement of payments that

The post Ripple CEO to Critics After Obtaining 200 Clients: Banks Will Use XRP appeared first on CCN

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Cryptocurrency News Market Ripple

National Bank of Kuwait Taps Ripple for Blockchain Remittance Service

The National Bank of Kuwait has launched a product they’re calling “NBK Direct Remit,” a blockchain-based product which uses RippleNet for cross-border payments from within the Middle Eastern nation. The initial launch of the product only supports payments to nearby Jordan, but they intend to launch in at least 15 more countries soon. According to

The post Kuwait Central Bank Taps Ripple for Blockchain Remittance Service appeared first on CCN