It's official... Japan's 3 largest banking institutions now support Ripple!
In a recent announcement by Ripple,
All three of Japan’s largest banks have now joined the Japan bank consortium using Ripple, including Sumitomo Mitsui Banking Corporation (SMBC), MUFG and Mizuho. We also welcome Japan Post Bank to the roster of the top banks by assets using Ripple for payments in Japan.
This is amazing news! Just a year ago, SBI Ripple Asia was announcing the Japanese consortium of banks that would begin implementing Ripple technology. The consortium, which started out at just 47 banks, has now grown to 61, representing more than 80% of total banking assets in Japan.
Ripple won't be stopping here though. They continue to add forward thinking banking institutions to their client list both within Asia and the rest of the world.
Ripple is on their way to doing big things within the regulated world of banking institutions. Don't be surprised when you start hearing some of the largest banks in the world joining the ever growing list of institutions using Ripple!
Sounds good. go crypto go.... :)
Yeah! Hopefully you were able to capitalize on the brief dip that we saw!
I played it safe. The market was so wild. I am waiting for Aug1. hope you did well too
It'll pay for a Vegas trip, so there's that :)
My fav projects to date (only listed if i understand the project not the hype)
ETH
BTC
LTC
XRP
SIA
To Donate :)
BTC Wallet - 1KmQv2oDbnGMwZG1Wcxy9P216Te8jLm6QW
ETH Wallet - 0xDd464328A8dB6424C3C09E21c767c086245F0145
I haven't heard much about SIA. I'll have to check that one out!
It is a cheaper cloud storage service than AWS.....
Nice! I don't personally use cloud storage for anything, but I'll definitely look into it.
You dont but many companies do. Thats the real $$$ in this space.
that means the price for ripple going to be stable
The value of XRP is relatively stable as it is. With the exception of the huge dip that every alt coin saw over the weekend, XRP tends to hang around the low to mid $.20s. While other cryptos are still clawing to get back to what they were, XRP is nearly back to normal. For anyone that saw the writing on the wall and jumped on the opportunity, they've already gotten back a 50% return as of the moment of this reply, and will double their money in the next 3 days once it hits $.24.
But yes... with the addition of leaders in the banking industry, pricing will continue to stabilize (and increase!).
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