XRPL Adoption By Banks Is Inevitable: Ripple Partner
- Ripple recently secured a partnership with HSBC, a major global bank.
- Metaco’s CEO stressed the indirect correlation between Ripple’s success and XRPL’s.
- HSBC’s decision to partner with Ripple is not solely tied to Ripple’s acquisition of Metaco.
Ripple has recently established a partnership with HSBC, one of the world’s largest banks. Many perceive this collaboration as a significant stride toward the wider adoption of Ripple’s XRP Ledger (XRPL) and its associated cryptocurrency, XRP.
Contrary to speculations linking HSBC’s decision to Ripple’s recent acquisition of Metaco, the Swiss custody firm, it has been revealed that Metaco actively pursued the bank for over 18 months.
Adrien Treccani, CEO of Metaco, emphasized the indirect correlation between Ripple protocols and the firm’s banking clientele. He noted that Ripple’s success as a company inevitably contributes to the success of the XRPL. Ripple has strategically focused on cultivating relationships with banks, particularly in areas like cross-border payments. XRPL serves as a longstanding example of a private tokenization blockchain designed for both public and private use.
Treccani highlighted it…
The post XRPL Adoption By Banks Is Inevitable: Ripple Partner appeared first on Coin Edition.
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XRPL Adoption By Banks Is Inevitable: Ripple Partner
- Ripple recently secured a partnership with HSBC, a major global bank.
- Metaco’s CEO stressed the indirect correlation between Ripple’s success and XRPL’s.
- HSBC’s decision to partner with Ripple is not solely tied to Ripple’s acquisition of Metaco.
Ripple has recently established a partnership with HSBC, one of the world’s largest banks. Many perceive this collaboration as a significant stride toward the wider adoption of Ripple’s XRP Ledger (XRPL) and its associated cryptocurrency, XRP.
Contrary to speculations linking HSBC’s decision to Ripple’s recent acquisition of Metaco, the Swiss custody firm, it has been revealed that Metaco actively pursued the bank for over 18 months.
Adrien Treccani, CEO of Metaco, emphasized the indirect correlation between Ripple protocols and the firm’s banking clientele. He noted that Ripple’s success as a company inevitably contributes to the success of the XRPL. Ripple has strategically focused on cultivating relationships with banks, particularly in areas like cross-border payments. XRPL serves as a longstanding example of a private tokenization blockchain designed for both public and private use.
Treccani highlighted it…
The post XRPL Adoption By Banks Is Inevitable: Ripple Partner appeared first on Coin Edition.
Read More