SBI Becomes RippleNet's Leading Remittance Partner

Japanese remittance service SBI, has become Ripple’s primary partner to launch an xCurrent-backed remittance app named MoneyTap. SBI & Ripple will provide remittance services to Thailand, Vietnam, and other nations using a consortium of partner banks and Ripple’s xCurrent Distributed Ledger technology (DLT).

SBI Holdings, Inc. Financial Results January 31, 2020
"SBI Remit's transaction volume is now No. 1 on RippleNet"#Ripple
— ༜༝🅂🅃🅄🄰🅁🅃🅇🅁🄿💧⚡ (@xrp_stuart) February 1, 2020

Creating the internet of value
SBI and Ripple Asia have partnered to form a secretariat for SBI’s Consolidated International and Foreign Exchange Consortium, which is SBI’s network of over 61 partner banks. They will be utilizing Ripple’s xCurrent DLT solution as the underlying technology for their…

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