Ripple XRP valuation 334.47 usd per 1 XRP….Banks cant afford not use Ripple ..Ripple main stream on Ellen.
On June 13, 2016, Ripple obtained a virtual currency license from the New York State Department of Financial Services, making it the fourth company with a BitLicense.[73]
On August 19, 2016, SBI Ripple Asia announced the creation of a Japanese consortium of banks in a new network that will use Ripple’s technology for payments and settlement.[74] The consortium was officially launched on October 25, 2016 with 42 member banks.[75] As of July 2017, 61 Japanese banks had joined, representing over 80% of total banking assets in Japan.[76]
On September 23, 2016, Ripple announced the creation of the first interbank group for global payments based on distributed financial technology. As of April 2017, members of the network known as the Global Payments Steering Group (GPSG) are Bank of America Merrill Lynch, Canadian Imperial Bank of Commerce, Mitsubishi UFJ Financial Group, Royal Bank of Canada, Santander, Standard Chartered, UniCredit and Westpac Banking Corporation. The group will “oversee the creation and maintenance of Ripple payment transaction rules, formalized standards for activity using Ripple, and other actions to support the implementation of Ripple payment capabilities.”[77][78]
Concept
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