Good news for $XRP holders.
Why? Here are the answers
* Japan's banks to adopt $XRP : Starting next week, all banks in Japan will use Ripple's XRP cryptocurrency, as confirmed by SBI Holdings CEO Yoshitaka Kitao.
* Focus on cross-border payments: The integration aims to improve cross-border transactions and currency conversions, positioning XRP as a key bridge currency.
* Modernizing Japan's banking: This move will modernize Japan's $6.372 trillion banking sector.
* Potential XRP price increase: Analysts predict significant XRP price and market cap increases with adoption (e.g., $3.50 at 1% adoption, $13.48 at 10%).
* SBI CEO's support for XRP: Kitao highlights XRP's utility over Bitcoin and anticipates its use in international remittances.
* Global impact: The integration's effects on the global financial system are being closely watched.