Founded in 2016 as a joint venture between Ripple Labs and SBI Holdings, this partnership aims to create the “Internet of Value” in Japan and across Asia. It leverages distributed ledger technology to facilitate payments and remittances. (Source: SBI Group)
2. Adoption of XRP by Japanese Banks
It is projected that by 2025, nearly 80% of Japanese banks will adopt XRP for cross-border payments, significantly reducing costs and transaction times. (Source: FX Leaders)
3. Expansion of Remittance Services
SBI Remit, a subsidiary of SBI Holdings, has expanded its services by using XRP to facilitate remittances to Southeast Asian countries such as the Philippines, Vietnam, and Indonesia. This initiative ensures faster and more cost-effective money transfers. (Source: Blockworks)
4. Supply Chain Finance Initiatives
Ripple has partnered with SBI Group and HashKey DX to introduce XRP Ledger (XRPL)-based solutions in Japan’s supply chain finance sector, promoting blockchain adoption in corporate operations. (Source: Finextra)
5. Promotion of XRPL in the Web3 Community
SBI Digital Community has teamed up with Ripple to promote XRP Ledger usage within the Web3 ecosystem, introducing initiatives like the “Bto3” community to enhance opportunities for XRPL adoption.
Approximate Estimates: • If XRP captures a significant portion of Japan’s cross-border payments market (estimated at $2-3 trillion annually), the daily volume could easily exceed $10-20 billion. • Adding remittance flows and enterprise use cases could push XRP’s volume close to or beyond that of major cryptocurrencies like Bitcoin or Ethereum, solidifying its place as one of the top three digital assets by volume and market capitalization.
Founded in 2016 as a joint venture between Ripple Labs and SBI Holdings, this partnership aims to create the “Internet of Value” in Japan and across Asia. It leverages distributed ledger technology to facilitate payments and remittances. (Source: SBI Group)
2. Adoption of XRP by Japanese Banks
It is projected that by 2025, nearly 80% of Japanese banks will adopt XRP for cross-border payments, significantly reducing costs and transaction times. (Source: FX Leaders)
3. Expansion of Remittance Services
SBI Remit, a subsidiary of SBI Holdings, has expanded its services by using XRP to facilitate remittances to Southeast Asian countries such as the Philippines, Vietnam, and Indonesia. This initiative ensures faster and more cost-effective money transfers. (Source: Blockworks)
4. Supply Chain Finance Initiatives
Ripple has partnered with SBI Group and HashKey DX to introduce XRP Ledger (XRPL)-based solutions in Japan’s supply chain finance sector, promoting blockchain adoption in corporate operations. (Source: Finextra)
5. Promotion of XRPL in the Web3 Community
SBI Digital Community has teamed up with Ripple to promote XRP Ledger usage within the Web3 ecosystem, introducing initiatives like the “Bto3” community to enhance opportunities for XRPL adoption.
Approximate Estimates: • If XRP captures a significant portion of Japan’s cross-border payments market (estimated at $2-3 trillion annually), the daily volume could easily exceed $10-20 billion. • Adding remittance flows and enterprise use cases could push XRP’s volume close to or beyond that of major cryptocurrencies like Bitcoin or Ethereum, solidifying its place as one of the top three digital assets by volume and market capitalization.
Enough nonsense about XRP, the release of 1 billion XRP tokens will not negatively affect the price. XRP is conservative about the release, it can decide the quantity destined for sale. So enough, the Release of coins will raise the price. Don't be fooled by those who say otherwise. They want to create fear to make you sell and buy them at favorable prices. Don't give up! XRP WILL REACH THE MOON! A PERFECT TRIANGLE FOR THE RAISE IS NOT EVEN BITCOIN CAPABLE OF DOING IT. Go XRP - GO GARLINGHOUSE $XRP $BTC
First for COMPLETE beginners... 🤔 You probably barely know what $XRP is. And since you see it buzzing everywhere, you just want to know whether you should be bullish or bearish and invest (or not). So I'll tell you briefly... In short, the asset movement is bullish. Even though I am not the best analyst, many would agree with me this time. In any case, do your research and try to learn as much as you can... or read along. Now, let's talk in depth... 🔎
OFFICIAL POST TO WISH ALL CRYPTO HOLDERS A HAPPY CHRISTMAS IN THE COMMENTS. Best wishes to all, I hope you all get rich in the next bullmarket. I LOVE YOU SO MUCH ❤️ $BTC