OMFG HOW DID I MISS THIS | SBI, X MONEY & RIPPLE 🚨 SBI plans to invest in CRB Group-the parent of Cross River Bank. 👀 Cross River powers X Money and has also integrated RLUSD on the XRP Ledger into its core banking platform. SBI already co-owns SBI Ripple Asia. Kitao is highlighting the 28 October preliminary agreement, which also proposes a Japan joint venture for tokenised assets and cross border payments. The proposal names the yen stablecoin JPYSC for settlement. Final agreements and regulatory approvals are still required. Could XRP or RLUSD play a role in X Money or the proposed Japan JV? Time will tell. 😉
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