XRP rose 3.2%.
Thailand's oldest bank, Siam Commercial Bank (SCB), is the first to launch Ripple's multi-hop.
Siam Commercial Bank (SCB) will be the first to introduce Ripple's multi-hop capability, although the public will wait to further announce whether the bank will use XRP in future transactions. At the same time, XRP rose significantly, rising 3.2% from the close on May 23. Myself also hods 1 btc worth of XRP, so I check Ripple news often.
XRP is described as a banker's coin and is the exchange medium for this interaction. It is liquid and highly capitalized, attracting investors and speculators. Still, Ripple is still trying to attract banks. Since SWIFT has the largest share of global bank transfers, it requires a lot of persuasiveness and evidence before large-scale migration takes place.
Image source: Ripple Twitter
Congratulations @dragenquiva! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPVote for @Steemitboard as a witness to get one more award and increased upvotes!
Congratulations @dragenquiva! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @hivebuzz: