A new petition requires Ripple to stop dumping XRP which could ensure a stronger demand for the coin and would let its price grow naturally.
UnionBank uses its i2i platform to offer the first bank-blockchain transaction in the Philippines connecting islands, individuals, and institutions while offering financial services to the unbanked Filipinos.
Todd Scott, vice president of IBM Blockchain Global Trade spoke about blockchain projects IBM is engaged in as well as IBM’s cooperation with Stellar. He also said that Wold Wire will enable the use of stablecoins, and much more.
SendFriend incorporates Ripple’s xRapid software to enable Filipinos in the US to cut costs while sending money back to the Philippines in seconds instead of days.
MoneyGram announced that they’ve agreed to a deal with blockchain company Ripple that involves an investment of up to $50 million. MoneyGram will use Ripple’s XRP technology to handle cross-border transfers of digital funds for at least two years under the deal.
Ripple along with its partners are changing lives in the South Eastern Asian Nations. Some call it the best testing grounds for blockchain and cryptos, since a lot of people are working abroad and using remittance networks to support their loved ones.
Thailand’s largest commercial bank, the Siam Commercial Bank (SCB), which recently tweeted on possibility of launching an XRP-based system, decided suddenly, to issue a statement, according to which, the bank “has no plan on using XRP.”
Ripple has made substantial success by launching a new office in Zurich, Switzerland. The main purpose for this is to sell XRP to institutional buyers.
Global banking giants including Barclays from Europe, Credit Suisse, UBS, and MUFG Bank, together announce the Utility Settlement Coin (USC) cryptocurrency to leverage instant cross-border settlements at reduced costs.