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Major Banks Test XRP for Faster Cross-Border Payments

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XRP
$1.935160.15%
**Major Banks Test XRP for Faster Cross-Border Payments** Based on CoinPaper, Santander, Bank of America, and SBI Holdings are using or testing XRP-powered infrastructure for cross-border payments. Over 100 financial institutions globally are exploring XRP to improve speed and cost efficiency. Santander has tested RippleNet, Bank of America is evaluating XRP, and SBI Holdings uses XRP via SBI Remit for remittances to the Philippines and Vietnam. XRP’s blockchain-based ledger enables faster, cheaper transactions compared to traditional systems like SWIFT. What is XRP? It is a blockchain asset designed for real-time, low-cost international transfers.
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