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The National Bank of Kuwait, one of the largest banks in the Middle East, has joined the Ripple network to facilitate faster and cheaper cross-border payments. In an announcement posted on the bank’s website, the financial institution has the tapped into the Ripple network to develop the ‘NBK (National Bank of Kuwait) Direct Remit’ …
Read More »Ripple has been proposed to the Federal Reserve for Interbank settlements
The Ripple company sees benefits for Interbank settlements A proposal was submitted on December the 13th 2018 by Ripple addressing to the U.S. Federal Reserve about the application of a potential Federal Reserve action to support inter-banking settlements for faster payments. According to the document provided, the digital era is fundamentally …
Read More »Kuwait Finance House Group partners with Ripple in cross-border global payments
Kuwait Finance House Group partners with Ripple in cross-border global payments making Ripple to continually dominate as a leader in Blockchain technology. This is not the first time for Ripple to venture into global remittance in Kuwait as in the year 2018 it joined ventured with the National Bank of Kuwait, one …
Read More »5 out of 13 new Ripple partners to use XRP
Today Ripple announced that it will provide its services to 13 more financial institutions. The new Ripple partners include the Euro Exim Bank with Ripple noting that the new customers are an indication that banks have started appreciating XRP for cross-border money transfers. According to Fortune: “This is consistent with Ripple’s vision …
Read More »Ripple has announced partnerships with four new companies
Financial companies getting familiar with Ripple According to reports from Fortune, the Ripple cryptocurrency has announced the integration of four new Financial companies that will be using its DLT network. Ripple was the second most valuable crypto on the market last year. The persistent efforts of Ripple has helped it to partner with …
Read More »Messari’s CEO reportedly harrased by the XRP community after some overvaluation claims
An observation made by Messari’s CEO has purportedly rubbed the XRP community the wrong way leading to some unkind words over the phone. Messari is a firm specializing in the analysis of cryptocurrencies. Three days ago, the CEO, Ryan Selkis, released a report indicating that XRP’s market capitalization may be inflated by …
Read More »XRP coin can now be spent at 4,500 shops online
XRP coin users can now spend their digital wealth at 4,500 shops online. This is after one of the largest crypto payment processors added support for the coin. Although the XRP coin has largely been associated with financial institutions and users having few places to spend the coin, CoinGate, the payment …
Read More »Finally: Ripple’s XRP on Coinbase pro for inbound transfers
In an official blog post put out today by Coinbase, the American based cryptocurrency exchange will be accepting inbound transfers of XRP on Coinbase pro starting today. According to the blog post, once sufficient supply of XRP on Coinbase pro is established, full trading will commence with trading pairs such as XRP/USD, …
Read More »Crypto Users Can Now Buy XRP Using Credit Card On Binance Trust Wallet
In an announcement made yesterday, Binance Trust Wallet will now let users buy cryptocurrencies using credit cards. The new payment option is possible thanks to a partnership between the wallet and Simplex, an Israeli based payments processor. The announcement was made yesterday to the delight of many users of Binance …
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