🚨🚨Bank of America Doing 100% of Internal Transactions on XRP with 83 Patents: Sound Planning CEO on FOX Business
A recent publication from FOX Business News spotlights a statement that Bank of America is conducting “100% of its internal transactions” using XRP.
Specifically, the suggestion came from David Stryzewski, CEO of Sound Planning Group, during a discussion on FOX Business on Monday, January 6. Stryzewski claimed that Bank of America had not only integrated XRP into its daily operations but had also filed 83 patents related to the blockchain technology behind Ripple.
Accordingly, he expressed a bullish sentiment on XRP, stressing that it would serve as a key vehicle in the future of finance.
“XRP is going to be the track that everything runs on in the future,” Stryzewski stated during the segment on FOX Business.
Furthermore, he bolstered his bullish view on XRP by noting that Ripple is progressing in the payment market despite regulatory challenges. He cited Ripple’s recent launch of its stablecoin as a move that strengthens its position in the payment market.
Meanwhile, Stryzewski’s claim that Bank of America uses XRP for internal transactions has triggered spirited conversations in the XRP community. They view the claim as further confirmation of XRP adoption in the mainstream banking sector by leading financial institutions.
Ripple and Bank of America Connections
Ripple and Bank of America have a history of association. According to Ripple’s official website, Bank of America is part of Ripple’s global payments network, RippleNet, and serves on its Governance Committee.
