XRP Payments Make Waves In Asia As This Japanese Company Taps Ripple’s Ledger...
The adoption of blockchain technology across Asia continues to accelerate, with Ripple’s XRP Ledger (XRPL) once again at the center of innovation. A new collaboration between Tobu Top Tours Co., Ltd. and SBI Ripple Asia Co., Ltd. aims to reshape digital transactions by combining blockchain technology with real-world commerce. The initiative could create new waves […]
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A number of Japanese banks are reportedly set to test domestic fund transfers using digital currencies over a blockchain as a low-cost alternative to traditional money transfers. According to a Thursday report by Nikkei, Japan’s most prominent financial publication, a handful of major Japanese banks will perform tests to determine if a digital currency powered blockchain platform could prove a viable alternative for the current national payments clearing platform ‘Zengin’. Operated by the Japanese Bankers Association, the Zengin System powers domestic money transfers in Japan. The....
42 banks are joining a newly-created Japanese blockchain consortium to enhance the cross-border payment industry. The consortium will focus on research and development, and will cover domestic and foreign exchange services by utilizing blockchain technology. SBI Holdings and Ripple Asia Launch 42 Bank Consortium. .The Japanese blockchain organization....
Popular cryptocurrency exchange FTX, announced on Wednesday that it will acquire Liquid Group, a Japanese competitor. When all relevant prerequisites are met, the acquisition will be completed by March 2022, according to a press release from Liquid. FTX Moves Into Asia According to the company’s blog post, digital asset exchange FTX decided to acquire Japanese […]
The total supply of Ripple’s regulated stablecoin, Ripple USD (RLUSD), has reached $120 million. Community analyst Maartunn from CryptoQuant revealed the figures in a new analysis, calling it a “huge milestone.” Ripple’s RLUSD Gains Traction On The XRP Ledger “RLUSD Total Supply reached $120m. RLUSD, Ripple’s regulated stablecoin, keeps growing and has now hit a […]
SBI Holdings, the financial services business division of Japan’s SBI Group, has announced it is creating a new company in partnership with digital ledger technology (DLT) startup Ripple. Called SBI Ripple Asia, the new company aims to focus on expanding the use of Ripple products and services through sales and engineering efforts focused on Asian markets including China, Korea, Japan and Taiwan. The announcement comes amid a broader push by SBI Group to make its interest in the blockchain and distributed ledger technology known, and amid a shift in Ripple's strategy to emphasize the value....