Ripple Becomes The Second Largest Cryptocurrency | Coindelite News
Ripple News

Ripple Becomes The Second Largest Cryptocurrency

Ripple (XRP) has once again overtaken Ethereum (ETH) and became the second largest cryptocurrency in the world. The market capitalization has increased even though it had volatility and a bearish market. According to Coindelite’s Price Chart, Ripple (XRP) has become the world’s second largest cryptocurrency overtaking Ethereum. For now, Ethereum is …

MUFG To Use Ripple for Cross-Border Payments | Coindelite News
Ripple News

MUFG To Use Ripple for Cross-Border Payments

Japan’s largest bank Mitsubishi UFJ Financial Group (MUFG bank) and Brazil’s Banco Bradesco are going to partner with Ripple for a new cross-border payment service. The MUFG bank recently published a press release announcing that the two banks have signed a Memorandum of Understanding (MOU), aiming to co-develop the system. …

Siam Commercial Bank (SCB) to Use Ripple Blockchain | Coindelite News
Ripple News

Siam Commercial Bank (SCB) to Use Ripple Blockchain

Ripple has recently announced its partnership with Thailand’s Siam Commercial Bank (SCB). The announcement stated that the bank would be the first to use RippleNet’s “multi-hop” feature. The feature would allow the bank to process easy payments on behalf of other financial entities in Ripple’s blockchain network. Ripple stated that …

The U.S. PNC Bank Adopts Ripple's xCurrent | Coindelite News
Ripple News

The U.S. PNC Bank Adopts Ripple’s xCurrent

The San Francisco based technology company Ripple has partnered with the American banking giant PNC (PNC Financial Services Group, Inc). The PNC bank has joined the list of the growing number of financial institutions which uses Ripple’s products. Asheesh Birla, Ripple’s senior vice president, stated that the bank’s Treasury Management …

SBI To Launch Ripple DLT-Based Payments App | Coindelite News
Ripple News

SBI To Launch Ripple DLT-Based Payments App

According to the reports, the Japanese financial company SBI Holdings is launching a payment application. The application will be supporting iOS and Android devices. Ripple’s distributed ledger technology has been used to build the application. SBI has already collaborated with Ripple to use its distributed ledger technology. Takashi Okita, chief …

Asheesh Birla Shares His Thoughts on Ripple Products | Coindelite News
Ripple News

Asheesh Birla Shares His Thoughts on Ripple Products

Ripple’s Senior Vice President, Mr. Asheesh Birla recently had an interview in a show called Crypto Trader which is hosted by CNBC. During the interview, he highlighted the differences between Ripple and XRP. He also discussed the various uses of the digital currencies. While mentioning the use cases of the …

RBI Forms a New Unit to Track The Blockchain and AI | Coindelite News
Cryptocurrency News

RBI Forms a New Unit to Track The Blockchain and AI

According to the reports, a team has been formed by the Reserve Bank of India (RBI) to make its intellectual capital strong and effective. The initiative is taken by the bank to strengthen the emerging technologies such as blockchain, digital currencies and artificial intelligence (AI). Employees from RBI revealed that …

Ripple Is More Decentralized Than Bitcoin Says Executive | Coindelite News
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Ripple Is More Decentralized Than Bitcoin Says Executive

The Senior executive of Ripple has caused controversy by claiming Ripple’s ledger is decentralized. David Schwartz, CTO, Ripple said in a post that Ripple XRP token is “inherently decentralized.” David stated that Bitcoin and Ethereum are currently seen as the gold standard for decentralization. It means they are created in …

American Express Tests Ripple's xRapid | Coindelite News
Ripple News

American Express Tests Ripple’s xRapid

Stephan Thomas, CTO, Ripple stated that American Express might be using Ripple’s xRapid. In an interview, he expressed his thoughts on Ripple and its growth. It is well-known that Ripple is constantly gaining more clients. From banks to institutions, Ripple’s blockchain payment method is quickly gaining adoption. During the interview, …

Ripple To Expand Its Business In China | Coindelite News
Ripple News

Ripple To Expand Its Business In China

Ripple is one of the speedily growing companies in the world. A huge number of banks and companies have collaborated with the firm for different payment method. Recently, Ripple endorsed three digital currency exchanges to transact with its xRapid payments service, which uses Ripple (XRP). The three crypto exchanges, Bittrex, …