The Saudi Arabian Monetary Authority (SAMA) is the second biggest banking institutions to adopt blockchain technology after the Bank of England.
Ripple is further expanding its footprint by collaborating with many banking as well as financial services institutions.
Vulnerability of crypto industry to external factors makes Bitcoin price one of the most discussed issues. Let’s see what factors have led to its recovery.
Ripple is downtrending mid-term as we are heading into mid February, as Dmitriy Gurkovskiy, Chief Analyst at RoboForex, says.
LianLian will be using Ripple’s xCurrent solution for cross-border settlements with end-to-end tracking.
Crypto markets recovers from the heavy blows and woes as CFTC and SEC chairpersons express some confidence in digital currencies.
The overall markets under deep correction as China brings ban on local investors to trade even from foreign exchanges.
Santander will soon be launching a mobile app in Q1 2018 for instant payments powered with Ripple’s xCurrent technology.
Dmitriy Gurkovskiy, a senior analyst at RoboForex, shares his vision on Ripple’s future trends, thereto explaining obstacles the token faces when it comes to its wider adoption.
Both these companies are eager to use Ripple’s xRapid payments solution that is designed to provide on-demand liquidity.
Two major cryptocurrencies show the signs of recovery after last-week’s market crashdown. The third largest, Ripple, also gains pace with 68% growth.
The global crypto market is recovering after the South Korean false regulatory announcement. Cardano and NEO increased in value, while Bitcoin and Ethereum receded from their positions.
Ripple’s ability to provide on-demand liquidity and instant transfer within seconds makes it one of the most preferred blockchain-based payments solution.