We found that PNC Bank, located in the ninth place in the US in order of total assets, joined the interbank network ” RippleNet ” using XRP.
Based in Pittsburgh, Pennsylvania, the company has branch offices in 19 states and is a major bank with a wide range of customers from consumers to large companies.
According to Ripple ‘s announcement, customers of the bank are expected to be able to receive payments from Britain instantly within Pennsylvania in the future.
RippleNet is a network that major banks from all over the world have entered and is a member of the ” domestic and foreign exchange consortium ” led by the SBI group in Japan, among others.
In addition, it is said that the international remittance facilitating protocol ” xRapid “, which the company has been promoting for a long time, will be released commercially around the next month.
SBI Ripple Asia, MoneyTap (Money Tap) website published remittance website
Ripple (XRP), will commercial release of xRapid next month?
Article Source: PNC Bank Embraces Blockchain and Joins RippleNet
Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/pnc-to-join-ripplenet/
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