New SBI Holdings Report is Very Positive for Ripple and XRP

Things are constantly evolving in the world of Ripple and XRP. Especially their Asian partners are quite pleased with some of the more recent developments. In SBI Holdings’ financial report, the bank notes how XRP usage reduces costs by 60%. This applies to international remittance conducted by SBI Holdings and others banks alike. An interesting future lies ahead in this regard, assuming more institutions want to give Ripple’s asset a try.

Completing transactions with XRP simply makes sense. It opens up new payment gateways on a global scale. This can be achieved even without previous agreements between different institutions. There is no reason to ignore this asset any longer. It is not like Bitcoin in any way, which is a rather positive thing in this specific industry. Good things are happening to Ripple and its native asset. The tide is slowly turning in favor of this blockchain company. SBI Holdings is just one of their many partners.

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