SBI Holdings CEO Co-signed Relationship Between Ripple And I-Remit
The CEO of SBI Holdings, one of Asia’s largest financial conglomerates, announced today an extended relationship between Ripple and I-Remit.
Yoshitaka Kitao, the head of SBI Holdings, was most likely pleased with the latest success of Ripple, of which he was a board member until recently.
The two businesses’ growing partnership will focus on boosting cross-border payment transactions and processing using On-Demand Liquidity (ODL) technology.
Since 2019, the banker has been planning the integration of XRP into the banking system in Japan and other countries where SBI operates. As a result, Asia remains a significant location for Ripple, which uses XRP in its ODL corridor transactions, which fits nicely with Kitao’s ambitions.
Tokyo-based financial services company, SBI Holdings has indicated its intention to deploy the Ripple payments network across Japan to make ATM access easier in 2020.
Ripple was recently reported to be trying to grow its network in Japan, a country with the potential for the blockchain industry.
Despite being entangled in a lawsuit with the SEC, the current data shows that the company has the advantage to win the case.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Author
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SBI Holdings CEO Co-signed Relationship Between Ripple And I-Remit
The CEO of SBI Holdings, one of Asia’s largest financial conglomerates, announced today an extended relationship between Ripple and I-Remit.
Yoshitaka Kitao, the head of SBI Holdings, was most likely pleased with the latest success of Ripple, of which he was a board member until recently.
The two businesses’ growing partnership will focus on boosting cross-border payment transactions and processing using On-Demand Liquidity (ODL) technology.
Since 2019, the banker has been planning the integration of XRP into the banking system in Japan and other countries where SBI operates. As a result, Asia remains a significant location for Ripple, which uses XRP in its ODL corridor transactions, which fits nicely with Kitao’s ambitions.
Tokyo-based financial services company, SBI Holdings has indicated its intention to deploy the Ripple payments network across Japan to make ATM access easier in 2020.
Ripple was recently reported to be trying to grow its network in Japan, a country with the potential for the blockchain industry.
Despite being entangled in a lawsuit with the SEC, the current data shows that the company has the advantage to win the case.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
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