Ripple continues to develop its technology to the utmost to meet the needs of users. Ripple is actively moving forward, showing the great efficiency of the blockchain. Ripple technologies are quite popular and integrate into various structures. Various events contribute to the promotion. So, XRP can now be bought for Polish zloty and Swedish krona at Binance, SCB is gaining momentum thanks to Ripple, and Kuveyt Türk Bank integrates xCurrent.
Ripple Continues Development: XRP with Polish Zloty and Swedish Krona at Binance
Ripple XRP can now be bought for Polish zloty (PLN) and Swedish krona (SEK) at Binance. According to an official announcement from Binance, users can use their Visa cards to apply Ripple XRP in this way. The announcement states that the Polish zloty and the Swedish krona do not represent any digital currencies, but only are fiats of Poland and Sweden. Also, when you purchase a Ripple XRP digital asset in this way on Binance, you can quickly complete your purchases in just a minute, without having to first deposit funds to your accounts.
Siam Commercial Bank (SCB) plans to enter new markets in 2020 through a successful partnership with Ripple. These are Cambodia, Laos, Laos, Myanmar and Vietnam. Ripple helped a banking institution develop SCB Easy, an innovative application that allows customers to make cross-border payments. During the latest conference, Swell Ripple showed off a demo of the new product and hit the audience by sending money to a bank account in just 40 seconds, which seems unattainable for outdated money transfer solutions.
Kuveyt Türk Bank integrates xCurrent
Kuveyt Türk Bank can integrate Ripple xCurrent. The largest shareholder of this bank is the Kuwait Finance House (KFH), which has been working with Ripple for some time and uses Ripplenet, making transfers between KFH and Ar Rajhi Bank in Saudi Arabia. Now it is likely that Kuveyt Türk Bank could integrate Ripple technology.
LinkedIn’s Talha Jakarta senior director of product development at Kuveyt Türk Bank’s profile says he has been working on Ripple xCurrent integration since the beginning of the year. Until then, the only Turkish bank that worked with Ripple was AKBANK, which used Ripplenet to transfer to the UK, working with Santander. Since Kuveyt Türk Bank is now likely to be added, this may mean the gradual promotion of Ripple in Turkey.