Ripple CTO Drops Bombshell: XRP At The Core Of Trillions In Banking Future
According to the Ripple chief technology officer, a number of banks have started to adopt XRP for payments and one planned bank tied to Ripple will run entirely on the XRP Ledger. Related Reading: Bitcoin Is ‘Digital Capital’ That Outpaces Traditional Assets—Michael Saylor That claim comes as Ripple seeks a New York banking charter, a Federal Reserve master account, and says it will conform with ISO 20022 messaging standards used by major banks. Reports have disclosed that these steps aim to make the token useful for large-scale settlement work. Banks Begin Real-World Use DBS and Franklin....
Related News
Integrating the Ripple protocol into Temenos T24 lets financial institutions send payments in real-time without requiring intermediary banking relationships. Ripple has always been an initiative to bridge the gap between blockchain technology and traditional banking. Now that this protocol has been showcased as an integration into Temenos T24, the future is looking for bright for Ripple and its partners. Temenos T24 Integration is a Big Milestone for Ripple. There are a lot of people who have never heard about Temenos T24 before, even though it is one of the most commonly used core banking....
In a surprising turn of events, Ripple CEO Brad Garlinghouse announced that the company has decided to abandon its direct acquisition of financial institution Fortress Trust. The decision marks a significant departure from Ripple’s earlier intention to acquire the firm, as they had signed a letter of intent just a few weeks ago. However, Garlinghouse […]
An interactive question-and-answer session between members of the community and David Schwartz has peeled back another layer of early XRP and Ripple history. The discussion unfolded publicly on the social media platform X, where users posed a series of questions touching on the token’s smallest unit, the creative forces behind the XRP Ledger, and even […]
Metaplanet, a Japanese public company, bought 5,419 Bitcoin in a single purchase and climbed into the ranks of the world’s largest corporate holders. Related Reading: Ripple CTO Drops Bombshell: XRP At The Core Of Trillions In Banking Future According to reports, the buy pushed its total holdings to 25,555 BTC. That move now places the firm among the top five corporate Bitcoin treasuries. Large Purchase And New Ranking Reports have disclosed the purchase cost around $632.5 million, at an average price of about $116,724 per Bitcoin. Market watchers noticed the company surpassed....
A fresh debate has been ignited by the CEO of Ripple across the crypto market after delivering what many are calling a major bombshell for XRP holders. This new debate is centered around major upcoming updates that could shape the future of the token and its robust ecosystem. Ripple CEO’s Update Has XRP Holders Buzzing […]