xcurrent

PNC Becomes the First U.S. Bank Using RippleNet for Cross-Border Payments

Photo: Wikimedia Commons PNC Financial Services Group, Inc. finally went live with the blockchain payments platform RippleNet. By doing this, it became a first-ever American bank that decided to process cross-border payments just a year after they decided to adopt Ripple’s technology. As one of the ten largest banks in the U.S., the inaugurating of...
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Santander Group Plans to Bring Ripple-powered Remittance Service to Latin America

The Santander Group plans to establish a new payments corridor in Latin America allowing countries to make instant payments to the U.S. using Ripple’s xCurrent payment solution. Although XRP has been a poor performer so far in 2019, Ripple‘s blockchain-based money transfer and remittance solutions continue to make progress. Santander Group, the Spanish banking giant,...
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Santander to Expand Its Use of Ripple’s xCurrent to Latin America

Santander, a multinational banking giant based in Spain, is reportedly opening up a special payment corridor that would enable customers in Latin America to send money directly to the US at no cost. At the moment, only clients in Spain and the United Kingdom can use Ripple’s payment solution to transfer money across Europe and...
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