Tag Archives: SBI

SBI Holdings is testing XRP-based payment platform and use of digital assets in the trillion dollar FX market

[ad_2][ad_1] Cryptocurrency startup FXcoin Ltd. and Japanese financial giant SBI Holdings have begun testing the use of XRP to settle corporate debts and credits. FXcoin is conducting the experiment, which involves Sumitomo Corporation, a Japanese general trading firm, which settles debts and credits to other Sumitomo Group companies with XRP. …

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Japanese financial giant SBI launches Bitcoin lending service

[ad_2][ad_1] Japanese financial giant SBI Group is introducing a cryptocurrency lending service through its cryptocurrency-related subsidiary, SBI VC Trade. According to an official announcement on November 24, the new crypto lending platform will allow users to lend their crypto to SBI and earn interest at a rate of 1% including …

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FXCoin and SBI test an XRP-based solution for remittances

[ad_2][ad_1] Source: Wit Olszweski – Shutterstock FXCoin with Ripple partner, SBI and others will launch an XRP-based product to reduce volatility when sending remittances. The XRP-based solution will enter a pilot phase at the end of November. If successful it will be adopted by FXCoin partners. A new adoption of …

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